British Steel lands tracks contract with UK’s Network Rail
British Steel, owned by Chinese firm Jingye, has secured a five-year contract worth £500m to supply train tracks for the UK’s Network Rail train infrastructure company.
The deal, with an option to extend by three years, is a major boost for the company’s Scunthorpe plant – saved from closure by the UK government in April – which utilises a basic oxygen steelmaking process, and relies on oxygen to convert molten iron into steel.
The process involves blowing high-purity oxygen at high speeds onto a mixture of molten iron and scrap additions, within a converter or vessel, to oxidise impurities and produce steel. A water-cooled lance is used to direct the oxygen stream onto the molten metal.
The rails in the new agreement will largely be used for maintenance and renewals.
... to continue reading you must be subscribed
Subscribe Today
To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.
