Steelyard
Coordinates: 51°30′41″N 0°05′26″W / 51.51139°N 0.09056°W
The Steelyard, from the Middle Low German Stalhof / Dutch Staalhof, was the main trading base (kontor) of the Hanseatic League in London during 15th and 16th centuries.
The Steelyard was located on the north bank of the Thames by the outflow of the Walbrook, in the Dowgate ward of the City of London. The site is now covered by Cannon Street station and commemorated in the name of Steelyard Passage. The Steelyard, like other Hansa stations, was a separate walled community with its own warehouses on the river, its own weighing house, chapel, counting houses and residential quarters. In 1988 remains of the former Hanseatic trading house, once the largest medieval trading complex in Britain, were uncovered by archaeologists during maintenance work on Cannon Street Station.
As a church the Germans used former All-Hallows-the-Great, since there was only a small chapel on their own premises.
The first mention of a Hansa Almaniae (a "German Hansa") in English records is in 1282, concerning merely the community of the London trading post, only later to be made official as the Steelyard and confirmed in tax and customs concessions granted by Edward I, in a Carta Mercatoria ("merchant charter") of 1303. But the true power of the Hanse in English trade came much later, in the 15th century, as the German merchants, led by those of Cologne expanded their premises and extended their reach into the cloth-making industry of England. This led to constant friction over the legal position of English merchants in the Hanseatic towns and Hanseatic privileges in England, which repeatedly ended in acts of violence. Not only English wool but finished cloth was exported through the Hansa, who controlled the trade in Colchester and other cloth-making centres. When the Steelyard was finally destroyed in 1469, the merchants of Cologne were exempted by Edward IV, which served to foment dissension among Hansards when the Hanse cities went to war with England, and Cologne was temporarily expelled from the League. But England, in the throes of the Wars of the Roses, was in a weak bargaining position, so despite several heavy defeats suffered by the Hanseatic fleet, the Hanseatic forces, consisting mainly of ships from only two cities (Lubeck and Gdansk), with the help of formidable ships like the Peter von Danzig won the Anglo-Hanseatic War and achieved a very favourable peace from the English commissioners in Utrecht in 1474. In 1475 the Hanseatic League finally purchased the London site outright and it became universally known as the Steelyard, but this was the last outstanding success of the Hansa. In exchange for the privileges the German merchants had to maintain Bishopsgate, one of the originally seven gates of the city, from where the roads led to their interests in Boston and Lynn.
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