British Steel is unveiling ambitious plans for the biggest transformation in its history: a £1.25bn proposal to become a clean, green and sustainable business by adopting electric arc furnace steelmaking.Following detailed analysis of its current operations, available technology and challenging market conditions, the company is proposing to accelerate its decarbonisation programme.The proposals, which are subject to appropriate Governmentsupport, could see British Steel install two electric arc furnaces;the first at its headquarters in Scunthorpe, and the second at its manufacturing site in Teesside.
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