As part of the business the company constructed a jetty at Skinningrove, and owned an ironstone mine in Loftus.
Ownership as part of BSC passed to Corus Group plc (1999), and to Tata Steel Europe (2006).
In 2016, the long products division of Tata Steel Europe including Skinningrove was sold to Greybull Capital.
The Loftus Iron Company was established c. 1873/74 at Skinningrove on the north east coast of England between Redcar and Whitby.
[9] Due to a significant downturn in the economy the blast furnaces at Skinningrove were shut down for five months in 1938, together with coke, limestone and mining operations.
[11] In 1947, the company received approval from the Iron and Steel board for a £1.7 million investment into the works, with a new blast furnace and 300 ton open hearth steelmaking plant to be added, together with improvements to equipment intended to increase steel making capacity 40% to over 300,000 tons (pig iron) pa.[12][13] In the same year the Loftus Ironstone Mine was transferred from the parent Pease and Partners to the Skinningrove company.
[24] The works together with other BSC companies became part of Corus Group plc in 1999, and Tata Steel Europe in 2006.
In 2016, Tata Europe's long products division, with Scunthorpe Steelworks as the main site, and including the special sections mill at Skinningrove was sold to Greybull Capital.