Liberty’s GREENSTEEL launches recycling business

The Liberty House Group has recently launched a metal recycling business, Liberty Metal Recycling (LMR), as a major step towards the achievement of its GREENSTEEL vision to create a competitive and sustainable steel sector in the UK. LMR will develop a network of advanced collection and processing facilities for both ferrous and non-ferrous metals across the UK, USA and continental Europe. Tom Bird, previously of SIMS and Van Dalen will head up the UK and US parts of the new enterprise while Matthijs de Jong, formerly with Euro Scrap, TSR Recycling and the Alba Group, will lead the operation in mainland Europe.

Liberty intends that the new international business will be free-standing and profitable in its own right. The UK metal recycling business will supply the Group’s fast-growing integrated steel business in the UK, which will be based increasingly on domestic scrap, melted in electric arc furnaces and powered by renewable energy.

LMR plans to set up a processing centre at Newport, South Wales where the Group already operates a one million tonne a year hot strip mill and where it aims to recommence liquid steel production in the near future from recycled scrap. Liberty House executive chairman, Sanjeev Gupta, described the launch of LMR as: “a very significant step on the journey towards the delivery of our GREENSTEEL vision.â€?

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