Celsa Steel
Low carbon recycled steel production using UK-sourced scrap metal for large construction projects.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Acquisition | |
| Total Funding | 000k | ||
Celsa Steel UK is the largest steel recycling company in the United Kingdom, operating from its facilities in Cardiff. The company specializes in producing low emission circular steel, with a capacity of 1.2 million tonnes annually, using UK-sourced scrap metal. Celsa Steel UK employs an Electric Arc Furnace, recognized as the lowest carbon technology route for steel production, to melt down ferrous scrap and roll it into finished products in their hot rolling mills. The finished steel is primarily used in large construction projects across the UK, such as Hinckley Point. Celsa Recycling, a division of Celsa Steel UK, sources scrap from merchants and industries throughout the UK, contributing to the company's commitment to the circular economy. By reincorporating iron waste into the economic cycle, Celsa Steel UK aims to become a Net Positive and fully circular company by 2050. The business model focuses on recycling and processing scrap metal to produce sustainable steel, serving the construction industry and supporting the transition towards a positive impact economy. Keywords: steel recycling, low emission, circular economy, Electric Arc Furnace, construction projects, UK-sourced scrap, ferrous scrap, hot rolling mills, Net Positive, Cardiff.