British Steel Secures Major Railway Deal ...Middle East

Via Metal Miner British Steel has secured a 5-year agreement to supply rail to Network Rail, the infrastructure manager of the UK’s rail network. Under the tenets of the deal, the steelmaker will provide 70,000 to 80,000 metric tons per year. In a June 17 statement, British Steel reported that the contract is worth £500 million (almost $673 million) and has an option to extend by three years. British Steel Recently Constructed New Rail Facility Rails supplied from British Steel’s Scunthorpe plant, in Lincolnshire, are to include…

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