Metinvest intends to keep its share of the British steel market after a number of Liberty Steel works gets relaunched.
“British market is interesting for us only from the point of view of steel plate sales. At present the situation is even. Our Spartan UK is 100% loaded, we have orders”, the Metinvest marketing director Roman Kurashev said.
At the same time some of the works, belonging to Tata Steel, and later purchased by Liberty Steel, are being put back into operation.
“Taking into account our volumes, I’m sure we will keep our share”, Kurashev noted, adding that Spartan UK was producing 200 thousand tons of steel plate per year. Liberty Steel assets are also in other regions of the UK.
According to Kurashev, the volume of the British plate market is 1 million tons.
“We produce 200 thousand tons and export a bit, so our share is 10-15%”, Kurashev added. (Ukrainian metal)