Metal recycling firm expands global reach through record deal

Metals recycling and trading firm Enicor is preparing for its largest project to date, aiming to segregate, transport, and distribute a 400,000-ton stockpile of skim iron globally.

In partnership with British Steel in Scunthorpe, the process involves moving the material from its current storage location to a stockyard and then to Immingham port in Lincolnshire, readying it for export.

Enicor, headquartered in Barlborough, Derbyshire, and operating across three other sites in the East Midlands, has secured a lease at Immingham port to facilitate the project.

Chief executive James Bowers said: “The decision to undertake this project now stems from our recognition of the immense potential within this previously overlooked resource. While the company traditionally views the material as a commodity, this project requires a substantial commitment, involving the movement of 25,000 tons every five weeks.

“Taking on Immingham port represents a strategic decision to streamline and optimise the distribution process. The port, being one of the largest and most well-connected in the region, provides us with a crucial gateway to international markets. We believe this move not only enhances Enicor’s logistical capabilities but also positions us as a major player in the global scrap metal recycling industry.”

 “Enicor’s foray into skim iron recycling and global distribution is a remarkable undertaking that underscores our commitment to innovation and global impact. We’re excited to get going on the project and work with our partners to make it a great success.”