Corus is to recruit 154 new employees, creating apprentice and graduate engineering jobs, it has been announced.
The steel firm's new jobs announcement will increase the number of employees hired by the firm since March to 300, including many graduate engineering jobs. The Speciality Steel division will be taking on trainees for the first time since the recession began.
Corus said the jobs would be based in South Yorkshire and would represent an investment in the future of the business.
Speciality Steels general manager Peter Hogg said: "Just over a year ago, I was explaining to people why the business was having to undergo a painful restructuring which led to the loss of more than 1,000 jobs. At the lowest point, our orders had shrunk to about a quarter of where they were.
"Since then we have been refocusing the business on supplying specialist steel products to the world's most demanding markets, like aerospace and energy exploration and generation. Now we are in a position where we are recovering so we can strengthen the business.
"Many of our products have extremely high technical and chemical specifications, and we need to train new people now to ensure we don't have a skills shortage in the future."