Island Steel eyes toll processing services following agreement

Associated British Ports (ABP) has signed a new ten-year agreement with Island Steel allowing the Port of Newport-based service centre to expand its site by an extra 1.2 acres. Island Steel will thereby start offering toll processing services, which will enable further carbon footprint reduction and reduce the effect of shortages within the haulage industry, ABP says.

Island Steel currently occupies a purpose-built 100,000-square-foot facility, which is entirely powered by solar energy, produced on-site, Kallanish notes.

Wales Short Sea Ports head of property Helen Thomas says: “Across its ports, ABP handles almost 2 million tonnes of steel a year, with Newport handling nearly 500,000 a year. Island Steel has been a long-standing customer at Newport, and we are delighted they have chosen to continue our partnership for a further ten years, helping reaffirm South Wales’ position in the UK’s steel industry.”

Last year ABP signed a ten-year agreement with Tata Steel’s Port Talbot plant in Wales. This sees it ship raw materials into the plant’s integrated dock and ship finished products for export further along the Welsh coast (see Kallanish passim).

Adam Smith Germany