The firm’s order book continues to improve with orders now standing at £20.9m – a 170% improvement since the last period.

Darren Kell, CEO of The Tanfield Group Plc, said: “We continue to work closely with all of our suppliers to remove bottlenecks, so we can further increase production, meet the recovering market demand globally in our products, and reduce our lead times.

“We expect the wider market will continue to improve in the second half of 2011, as the Company moves closer towards break-even. “