According to foreign media reports, Liberty Steel Group UK has developed plans for further investment in its Rotherham and Newport plants as part of its Greensteel strategy. The company plans to expand production capacity and increase investment through investment The capacity utilization rate of the rolling mill will further increase the annual output to more than 1 million tons to expand the market.
The company will also expand the product range of its Thrybergh steel mill in the Rotherham area, including plans to produce construction rebar from September 2020 (3576, -39.00, -1.08%), and plans to increase the ability to produce wire rod to supply engineering And construction market.
Rebecca Steel acquired the Rotherham steel business from Tata Steel three years ago and made a series of investments. The second electric arc furnace'N Furnace' was put into use in Rotherham in February 2018 and carried out various Upgrading and upgrading will bring the output of the Rotherham plant to approximately 500,000 tons per year.
Sanjeev Gupta, the company’s executive chairman, said: "In the development of post-economies economic plans, we have been challenging ourselves to take different approaches based on product structure, assets and costs to improve competitiveness and prepare for a new future
