Sanjeev Gupta, head of the Liberty Steel group, which took over part of Tata Steel's UK assets, announced an increase in steel production to 5 million tonnes over the next five years. He is pinning his hopes on Mel Wilde, who will lead part of the Liberty House steel group from January.
The special steels plant in Rotherham will help in part. It is currently owned by Tata Steel, but Liberty is in talks to acquire it and Gupta announced that it could happen at the end of February. The price is £ 100 million. Rotherham currently produces 250,000. tons of steel, but its capacity reaches 1.3 million tons.
Gupta also announced the construction of two new kilns in Scotland and the Midland region. He believes that the model for cost-effective production should be based on local supplies of scrap metal and renewable energy sources instead of importing expensive raw materials. “In the UK, the consumption of recycled products is lower than in other developed countries. Therefore, the gap in the market can be exploited, ”Gupta said.
Liberty House announced that Mel Wilde, with 35 years of industry experience, will lead the steel segment. “He knows all aspects of manufacturing - from ironworks to trading in steel products. He was also President of the International Steel Association and Managing Director of the $ 3 billion Trans-World Steel distribution company. "
Sanjeev Gupta said: "The strong pound and rising steel prices are major factors for the competitiveness of British Steel, which will allow the UK steel sector to slowly recover from the crisis that cost it around 5,000 jobs."
Subscribe to news

Metallurgy news
- Today
17:00 On the situation in the market of operators and in general in the railway transport market market 16:00 1.8 trillion rubles. Dividends received the TOP 50 billionaires of the Russian Federation for 2024 15:00 In St. Petersburg, with the support of Severstal and the Kindness of the North, the Student Conference "Management of the Future" will be held 14:00 The EU is reviewing anti -dumping duties for imports Ferrosilization from the Russian Federation and China 14:00 On the eve of the recently celebrated Inventor and Innovator's Day, a "Fresh Idea" promotion was held at MMK 13:00 In Cherepovets, the Severstal and North Group Power Engineers took place 11:00 Zijin Mining acquires the Kazakhstan RG Gold for 1.2 billion: the largest transaction in the sector for 6 years - 03 July 2025
20:00 The thickness of the metal matters!
Publications
03.07 02.07 How to choose furniture in the hallway: secrets of comfort and amenities at the very beginning of your home 30.06 The choice of summer rubber 01.07 Half -dimensional naivni pidlog: 01.07 Aerated concrete blocks from the company ceramic fest