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22/11/2024

British Steel Opens £10m Rail Stocking Facility In Scunthorpe

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British Steel has unveiled a state-of-the-art rail stocking facility at its headquarters in Scunthorpe, marking a £10-million investment to bolster the UK's rail infrastructure.

The new hub is the largest of its kind in the country and is set to play a pivotal role in supporting the rail industry.

The facility is designed to streamline the supply chain for Network Rail, ensuring a steady and reliable stock of rails is always ready for deployment. With the vast majority of rails laid across the UK manufactured at the Scunthorpe site, the new hub reinforces British Steel’s position as a critical partner in the nation’s rail network.

This investment aligns with British Steel's strategy to enhance its service capabilities and cement its role in supplying high-quality products to the rail sector. By maintaining an on-demand stock, the new facility is set to improve efficiency and reduce lead times for rail supply, benefiting projects nationwide.

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Craig Harvey, British Steel's Commercial Director, Rail, said: "We are committed to building the railways of the future, and this investment supports the government’s ambition to improve rail travel and connectivity throughout the UK.

"It will also enhance our long-term strategic partnership with Network Rail – a partnership which helps millions of UK passengers and freight operators enjoy safe, enjoyable, and timely journeys. Together we have an integral role to play in strengthening the UK’s infrastructure, enabling development, and supporting hundreds of businesses and thousands of jobs in the supply chain.

"The new facility is the latest in a series of major investments in British Steel by our owner, Jingye, which is resolute in its commitment to enhancing our operations and helping us build a sustainable future for our business.

"British Steel is proud to be a global leader in rail production and innovation, and ventures like this will help ensure we keep delivering the high-quality products and services our customers demand."

Julia Territt, Network Rail’s Supply Chain Operations Director, said: "We have a long running relationship with British Steel, who support the delivery of our track maintenance, renewal and enhancement activities.

"Our focus remains on ensuring that we have continued delivery of rail supply, now and into the future, so that we can continue delivering reliable services for our passengers. We’re pleased to see the ongoing commitment to supporting the UK rail network with the investment in the new facilities in Scunthorpe."

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