Steel News – Late March 2021

British Steel investing £100m this year to improve manufacturing and environmental performance

British Steel has announced it is investing £100m this year to support the next stage of its transformation.

The company, which has returned to profit after being brought out of liquidation by Jingye Group 12 months ago, will focus the investment on improving its manufacturing operations and supporting clean growth.

Projects the money will help finance include a new billet caster, a scrap pre-heating facility, cranes and a new environmental emission control system.,operations%20and%20supporting%20clean%20growth.

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