British Steel has been granted planning permission to build an electric arc furnace at its Scunthorpe headquarters in the UK. The manufacturer’s proposed GB£1.25 billion (€1.45 billion) transformation – its biggest in more than a century of steelmaking – is subject to appropriate support from the UK government.
Xijun Cao, president and CEO at British Steel, said: “We’re extremely pleased to have received planning permission to build electric arc furnaces at our Scunthorpe and Teesside sites. It is a significant step forward in our journey to ‘net zero’ and we thank everyone who has supported our plans.”
He added: “The proposed installation of electric arc furnaces in Scunthorpe and Teesside is central to our journey to a green future – as they would help us reduce emissions of CO2 by more than 75%. However, it is crucial we now secure the backing of the UK government. Our owner, Jingye, is committed to the unprecedented investment decarbonisation requires and our desire to dramatically reduce our carbon footprint, coupled with challenging market conditions, means its imperative swift and decisive action is taken to ensure a sustainable future for British Steel.”
Both proposed electric arc furnaces would replace the aging iron and steelmaking operations at British Steel’s Scunthorpe site, which are responsible for the vast majority of its CO2 emissions. The company proposes maintaining current operations until a transition to electric arc steelmaking.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
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