A green steel deal signed by Liberty in Australia should trigger an overhaul of Britain’s beleaguered industry, campaigners urged today.
London-based Liberty Steel, which has plants across the UK, will buy a 160-tonne electric arc furnace to replace polluting coal-based production at its Whyalla factory in South Australia - and will get $50million from the Canberra government to help fund the shake-up.
The firm said it would lead to a 90% reduction in direct C02 emissions from steelmaking by 2025, compared with traditional coking ovens and blast furnace manufacturing.