Establishment of a Steel Council in the UK marks a defining moment for the industry in the UK, according to Gareth Stace, Director General of the country’s trade body UK Steel.
Speaking after the council’s first meeting, he said: “The establishment of the Steel Council marks a defining moment for the future of steelmaking in Britain. The Council represents a crucial step towards creating a comprehensive Government Steel Strategy – one that lays the foundations for a sustainable and resilient industry.
“This strategy is a once-in-a-generation opportunity to foster a competitive business environment that encourages long-term investment and ensures steelmaking remains at the heart of the UK economy.
“We are committed to collaborating with the Government, trade unions, and industry partners to turn this vision into a shared success, securing the sustained growth that our sector, its workforce, and our communities rightfully deserve.”
The council has been launched by the UK Government to advise on rebuilding the industry with up to £2.5bn funding through its upcoming Steel Strategy. It brings together industry figures, experts, trade unions and devolved governments to secure the long-term future of steelmaking in the UK, and will meet regularly as the Government prepares to launch its strategy, providing a link between industry, workers, experts and government in every part of the UK.
British Steel’s Chief Commercial and Procurement Officer Allan Bell, who attended the first meeting, said: “Britain needs a strong and sustainable steel industry, and the new Steel Council can play an important role in helping deliver this.
“We look forward to working with the Government, and our fellow British steelmakers, to ensure the UK keeps making the steel it requires for generations to come.”
