UK-based steelmaker British Steel, part of China-based Jingye Group, has announced that it plans to commission its new billet caster worth £54 million this spring.
The new caster will manufacture billets with enhanced internal and surface qualities, enabling the company to become more competitive and expand its offering to customers.
The new caster is among £330 million worth of investments Jingye has made in the UK business since acquiring British Steel three years ago.
I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.
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