libertysteelgroup.com
The British steel company Liberty Steel Group announced the signing of a contract for the purchase of Dongbu steel equipment from the South Korean company KG Steel. SteelOrbis reports about it.
The company intends to buy two electric arc furnaces, two single-chain continuous casting machines (CCM) and a hot rolling mill. The annual capacity of the plant for the production of unrefined steel will be 3 million tons, and of finished steel – 2.85 million tons.
According to Liberty Steel, Dongbu’s steel facilities have the potential to meet the highest standards in terms of carbon reduction, energy efficiency, cost, operational flexibility and product mix.
The equipment is planned to be installed at the plant in Galața, Romania. This will allow businesses to transition to high-efficiency, low-carbon electric arc furnaces several years sooner and at significantly lower costs.
“The purchase of this steel plant is part of the strategy to develop low-carbon, modern and flexible capacities and achieve its ambitions to become a carbon-neutral company by 2030,” the statement said.
As GMK Center reported earlier, Liberty Steel intends to go to production of green steel by 2030. To achieve the climate goal, the company will establish the first hybrid ovens in Europe for steel production at its Liberty Ostrava plant in the Czech Republic.
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