The company's seven collieries and various coke ovens came into the ownership of the National Coal Board
, when British coal companies were nationalised in 1947. The Consett Iron Company itself was nationalised in 1951, becoming part of the Iron and Steel Corporation of Great Britain
. It was denationalised shortly afterwards, then renationalised in 1967. The Consett Iron Company was absorbed into British Steel Corporation
in 1967, and the location became known as the Consett Steel Works
. British Steel Consett Works was closed in 1980. (Full article...