Alphasteel to restart billet production in mid-March
As a result of increasing purchase price of billets
UK steel producer Alphasteel decided to restart
billet production by mid-March, with a
production target of 300'000-400'000ton/year. Company director stated that, by producing
billet as feedstock at Newport mill in
Wales, they are aiming to reduce costs of
billet purchase for their
rebar mill.
It was previously reported in SteelOrbis that Alphasteel had commenced
rebar production in South
Wales in mid October. Now, company is monthly
rebar production is 15'000ton.