Senior Iron Ore Sourcing & Commercial Lead

British Steel; Greater London; On-site; GBP 54,000 - 66,000; Full time

Benefits offered by this job

Defined contribution pension

Health cash plan

Life Assurance

Car or car allowance

27 days annual leave

Job summary

British Steel is seeking a Senior Category Manager for Iron Ore to secure reliable supply and optimise total cost of ownership. You will lead large-scale negotiations with mining companies and traders, oversee long-term contracts, and monitor market dynamics to mitigate risk.

Based in Scunthorpe or London, you will drive supplier performance, manage stock levels, and ensure regulatory and sustainability compliance. A strong background in raw materials and strategic sourcing is essential.

Qualifications

• Degree in engineering, supply chain, or related field preferred.
• Minimum 5 years in procurement within heavy industry.
• Experience in raw materials procurement and contract negotiation.
• Knowledge of iron ore markets and pricing.
• Understanding of Incoterms and international trade.
• Strong supplier management and risk assessment.

Responsibilities

• Lead commercial negotiations with supplier; mining companies, traders to secure competitive pricing, contract terms, and long-term supply security.
• Manage long-term and spot purchasing agreements, ensuring compliance with contractual obligations and company procurement policies.
• Monitor iron ore, freight, and steel industry markets to identify risks, opportunities, and cost-saving initiatives.
• Ensure continuity of supply by proactively managing supplier performance, stock levels, freight, and supply chain risks.
• Conduct supplier evaluations, benchmarking, and performance reviews covering cost, quality, delivery, sustainability, and operational capability.
• Assess and mitigate procurement risks related to market volatility, supplier concentration, geopolitical developments, and logistics disruptions.
• Ensure compliance with sustainability, responsible sourcing, regulatory, and corporate governance requirements.
• Drive continuous improvement in procurement processes, systems, and commercial practices to enhance business performance.

Skills

Procurement leadership

Strategic sourcing

Contract negotiation

Supplier relationship

Market intelligence

Risk management

Education

Engineering degree

Supply chain degree

Economics degree

Tools

Incoterms knowledge

Job description

British Steel is seeking a Senior Category Manager for Iron Ore to secure reliable supply and optimise total cost of ownership. You will lead large-scale negotiations with mining companies and traders, oversee long-term contracts, and monitor market dynamics to mitigate risk.

Based in Scunthorpe or London, you will drive supplier performance, manage stock levels, and ensure regulatory and sustainability compliance. A strong background in raw materials and strategic sourcing is essential.