Metal Foundry, United Cast Bar, taps into extra revenue
United Cast Bar, a leading foundry producing up to 45,000 tonnes of continuous cast iron bar annually, is benefitting from the adoption of Firm Frequency Response (FFR), a revenue generating scheme that forms part of the National Grid's broad DSR (Demand-Side Response) portfolio. With its own distribution network in Europe, Chesterfield-based United Cast Bar is a major player in the continuous cast iron bar market. In fact, the company has the largest portfolio among any of its peers worldwide, offering from 25 to 700 mm round continuous cast iron bar, square bar up to 550 mm, and section up to 750 x 550 mm. Approximately 90% of the foundry's output is exported, 80% to EU countries.
Despite its success in the marketplace, the company’s Managing Director, James Brand, is always on the lookout for additional revenue streams, and upon discovering a little about FFR, decided to investigate further.