British Steel has won its largest ever order for rail sleepers.
A major export deal has been signed to upgrade track at a mine in Guinea, with 244,000 units heading to West Africa. Produced in Scunthorpe, home to the firm’s rail expertise, it equates to more than 20,000 tonnes of steel, with delivery over the next year.
It comes as the Jingye Group-owned business works through one of its most challenging periods, consulting on the closure of the coke ovens in the town in a bid to make it more sustainable, with 260 jobs set to go. It is also in talks over a substantial support package as it faces up to inflationary pressures, with energy and carbon flagged. This months marks three years of the Chinese company's control of the manufacturing giant.