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  • 21/06/2019
  • Media Releases

Liberty Speciality Steels showcases revitalised business to Minister for the Cabinet Office

 

Top minister praises GREENSTEEL vision on visit to Rotherham plant

Liberty Speciality Steels welcomed Minister for the Cabinet Office 天博体育官方网站 Rt Hon David Lidington CBE MP to its Rotherham plant on Friday (21 June) as the turnaround in the business continues to gather pace.

Development director Peter Hogg showcased the company鈥檚 GREENSTEEL strategy as he took Mr Lidington on a tour of the site鈥檚 electric arc furnace, scrap processing unit and small bloom caster at the Aldwarke works.

Since Liberty bought the Speciality Steels business from Tata Steel in 2017, multi-million-pound investment in recommissioning and upgrading mothballed machinery at Rotherham has triggered a revival in the company鈥檚 fortunes, doubling the production and providing employment for almost 300 new workers and apprentices.

At the heart of the revival, the restarting of the site鈥檚 large electric arc furnace in early 2018 has enabled Liberty to step up its GREENSTEEL strategy, which involves melting recycled scrap steel to make steel products for advanced manufacturing sectors. Melting scrap to make new steel only has a small proportion of the carbon footprint of primary steelmaking in blast furnaces.

Mr Lidington CBE MP said: 鈥淚t was great to see the steelmaking and casting facilities at Liberty Speciality Steels and hear about their innovative work, particularly the increasing use of low carbon power with their GREENSTEEL strategy.鈥�

Peter Hogg said: 鈥淲e are delighted to welcome the minister to Rotherham and show him a successful template for our GREENSTEEL vision, which is critical for ensuring the UK can remain competitive by sustainable means in an increasingly challenging global steel market.

鈥溙觳┨逵俜酵� Rotherham business is a beacon to the wider UK steel industry in proving that high-grade steel can be manufactured profitably in this country for a range of specialist industries such as aerospace, automotive and energy.

鈥淲ith the minister on site today, we urge the UK government to redouble its efforts to support the country鈥檚 steel industry, evidenced by the signing of the UK Steel charter last month, so that more businesses can follow the example here at Rotherham.

鈥淲hilst high-quality steel continues to be produced in the UK despite some of the highest industrial energy prices in Europe, we look forward to the Government working proactively to incentivise the generation of renewable energy and make that available to manufacturing on a competitive basis. This would provide long-term certainty and stimulate much-needed investment in the industry.鈥�