_____________________________________________________________________________________________________ British Steel
imported EAF steel does nothing to reduce global GHG emissions( as IStructE have recently demonstrated in their report The role of scrap in steel decarbonisation). With the right backing, the industry can deliver its long-term ambition of low-carbon embodied steel made in Britain.”
British Steel is committed to decarbonizing, but there are challenges in the long-term strategy, particularly the time required to transition.“ Building a new steel plant takes several years and closing off the steelmaking sector before it has had chance to transition, would not speed up decarbonization- it would simply mean losing thousands of UK jobs, and total devastation within the communities which depend on us.” Increasing pressure on UK producers to decarbonize by removing their markets is not the answer; what is needed is support from industry and the customer base during this transition. While working on plans to move towards lower-carbon production in the future, the business is also maintaining and improving current operations through a significant investment strategy.
“ A recent £ 50m investment in a new billet caster allows us to deliver higher quality billet for our downstream rolling mills, allowing access to higher-end quality markets and providing an all-round enhanced offering to our customers,” reveals Ben.“ Equally, we have recently opened a new £ 26m Service Centre at our Skinningrove plant in the Northeast of England, which firmly establishes us as one of the world’ s leading manufacturers and processors of valueadded profiles for the forklift truck mast industry. Our extended range of products is designed and manufactured to precise customer tolerances, which few global competitors can rival.
“ Other recent investments include a £ 27 million investment in three new cranes at our port facility, Immingham Bulk Terminal.
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