Liberty House launches metal recycling business

Tuesday, 11 October 2016 16:16:47 (GMT+3)   |   Istanbul
       

The international steel and minerals group Liberty House has announced that it has launched a metal recycling business, Liberty Metal Recycling (LMR), as a major step towards the achievement of its Greensteel vision to create a competitive and sustainable steel sector in the UK

The company stated that LMR will develop a network of advanced collection and processing facilities for both ferrous and non-ferrous metals across the UK, USA and continental Europe. LMR plans to set up a processing centre at Newport, South Wales where Liberty already operates a one million mt a year hot strip mill and where it aims to recommence liquid steel production in the near future from recycled scrap. In addition to Newport, the company’s aim in the UK is to locate recycling centers in regions of high scrap metal generation and close to Liberty’s steel melting and rolling facilities. These regions are likely to include the South East, Midlands, North East and Scotland. Within five years it is intended that LMR will be recycling five million mt of metal a year in the UK alone.

Liberty also stated that it will simultaneously develop its recycling business in the USA and on continental Europe where it has already opened a scrap collection and trans-shipment operation in Gdansk, Poland.