British Steel means to sell plant and equipment in the mothballed Scunthorpe plate mill after revealing it wouldn’t be re-opening the manufacturer.
The mill stopped production 2 years ago under previous ownership and, after much consideration, the business has decided the dish operation will close permanently.
As the mill already stands idle finito, no more job losses, as well as decision allows British Steel to advance give attention to, and invest in, its iron and steel-making operations and core products.
Redundant plant through the mill can be sold once the company appointed the specialist firm of Apex Auctions to regulate the sale.
British Steel Deputy CEO Paul Martin said: “This process presents a terrific opportunity for steel manufacturers across the world to acquire some unique plant and machinery.
“All the apparatus are going to be auctioned or sold via private treaty including mill drive motors and associated control systems, high pressure water descaling pumps, trimming/cross cut shears and hot/cold plate levellers.
“We’re very happy to be working with Apex Auctions about the sale, which we expect to generate significant interest through the entire global steel industry.”
No decision has been given on perhaps the mill building, who has played a crucial part inside Scunthorpe site’s history, are going to be demolished.
Paul said: “The mill was mothballed in December 2015 during their restructuring from the Long Products Europe business, which were only available solution to adjustments to market conditions prompted by cheap imports and high energy.
“The mill, and the highly-skilled employees who used to work there, had a global history of the excellence with their plate C scores of tonnes of which entered major projects all over the world.
“It will usually remain an important part of our heritage but we haven’t seen the specified improvements within the plate target warrant it needed to re-start the mill.
“We is now able to increase our focus and investment in our iron and steel-making operations as well as our core products of rail, wire rod, special profiles and constructional steel.”
Apex Auctions is part of the Apex Group who has more than 50 years’ industry knowledge helping companies in britain, Europe and US sell excess equipment.
Stephen Dugard, MD of your Apex Group, said: “The sale presents a rare possiblity to find some unique plant and machinery and we’re delighted to be working with British Steel in this particular project.”