British Steel announces $139 mln investment in manufacturing, environmental performance

British Steel will invest £100 million ($139 million) this year in improving its manufacturing operations and supporting clean growth, the company said on Wednesday March 17.

The money will help to finance projects including a new billet caster, a scrap pre-heating facility, cranes and a new environmental emission control system.

The steelmaker has returned to profit after being bought out of liquidation by China-based Jingye Group...

Published

Ross Yeo

March 17, 2021

10:58 GMT

London