British Steel today announced it is investing £26m into a project that it says will make it “a leading manufacturer on the world stage”. British Steel also said the investment is the largest "for more than 30 years in its Special Profiles business".
The project will see new downstream processing facilities constructed at the company’s Skinningrove site in North Yorkshire and forms part of a wider £100m investment this year by British Steel’s Chinese owners, Jingye Group, to improve the firm’s manufacturing and environmental performance. The new service centre, which will include cut-to-length lines, product milling, machining and…
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