Secretary of State for Business and Trade Jonathan Reynolds has pledged Government support for Britain’s steelmakers.
At a Steel Summit in Parliament Mr Reynolds said the strategy, due for publication next spring, would be a turning point for the industry.
The event was organised by our trade body UK Steel and brought together key industry figures to discuss the measures required to help the sector thrive. The industry wants a competitive business landscape to attract additional investment, a level playing field to give industry a fair chance to gain market share, and strategic expansion of steelmaking capacity and capability.
British Steel’s Strategy and Marketing Director Lisa Coulson said: “The UK needs a strong and vibrant steel industry and British Steel plans to be at the centre of it – ensuring the UK’s infrastructure needs are met.
“We are the UK’s only manufacturer of rail and heavy sections for construction, and our highly-skilled colleagues also excel in making wire rod and special profiles.
“We were pleased to hear the Secretary of State outline the Government’s commitment to this country’s steel industry.
“Together we look forward to continuing to work with the Government, and our fellow British steel companies, to ensure we build a sustainable future for this country’s steelmakers, our employees, and thousands of more people in our supply chains.”
