British Steel secures new European contract
It's comes on the 10th anniversary of rail production at its Scunthorpe plant.
British Steel is celebrating the 10th anniversary of rail production at its Scunthorpe plant today with the news it has secured another contract in Europe. Finnish Transport Agency (FTA) has chosen to use rails made by British Steel for the sixth consecutive year. Peter Smith, British Steel’s Managing Director Rail, said:
“This is an important contract for us in a very competitive market place. “The full contract will be split 50/50 between British Steel and another supplier, with our half of the contract seeing 5,500 tonnes of steel being delivered by April 2017. “This will be produced at our Scunthorpe Rail and Section Mill, which is now 10 years old. The first deliveries will be made to the FTA over the coming weeks and the fact they have chosen us again is testament to the high standards we set. “This is a major exporting contract for one of our target markets and it comes as a boost against strong European competition. There are only four other approved bidders competing to supply the FTA, reflecting their strict requirements for service and quality.” Peter said they're now hoping to supply for the government's HS2 rail project: “Our Scunthorpe rails are now in track networks from Finland to Algeria and then down to Chile, and in locations as diverse as South Africa, Saudi Arabia and Singapore. “As we look forward we continue to see a great future in rail, it’s exciting the Government is talking about an industrial strategy and talking about improving transport infrastructure, particularly in the north of the country with projects like HS2, for which we expect to be a significant supplier.”