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British Steel Resumes Control of Immingham Bulk Terminal

Steel News - Published on Tue, 04 Aug 2020

Image Source: British Steel Immingham Bulk Terminal
British Steel has completed a deal with Associated British Ports to resume operational control of Immingham Bulk Terminal. The facility, an integral part of British Steel’s operations, was operated by the manufacturer up until 2018 when its then owners agreed to pass control to ABP. Now British Steel is under the ownership of the Jingye Group, it has agreed to take back running of the terminal which handles millions of tonnes of its raw materials each year.

The terminal, on the west side of the port, can handle up to 9 million tonnes of raw materials a year to support steel production. Under the terms of the agreement, 36 employees are transferring to British Steel from IBT Ltd, which is owned by ABP.

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Posted By : Yogender Pancholi on Tue, 04 Aug 2020
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