In a move that could transform the UK’s steel supply chain, Peel Ports Group has committed to a GBP 100 million investment to expand its multimodal logistics network for steel and metals. The investment will include urgent upgrades to boost speed, scale, and storage capacity at major ports and inland terminals, the development of new automated handling terminals, and enhanced rail connections.
As part of the plan, the company aims to increase storage capacity by 500,000 square feet a 50% expansion at its Liverpool and London Medway ports. In Liverpool, a GBP 32 million project will add 140,000 square feet of additional storage space to the steel and metals terminal. Additionally, new automated terminals for steel coils will be established in Liverpool and Sheerness, while a new inland rail terminal in the Midlands will connect the two deep water ports.
Steel imports at Liverpool reached record levels in 2024, with 702,000 tonnes of bulk steel handled at the port. Of this, 85% consisted of coil steel, primarily destined for the construction, automotive, renewable energy, and manufacturing sectors.
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