F.A.Q

The latest data reveals that one third of the steel it procures is imported, costing UK taxpayers £1.5 billion annually rather than supporting UK steel producers

Yes. These predictions have been made without even accounting for major initiatives such as carbon capture and storage, hydrogen infrastructure, nuclear energy, and offshore wind that the new Government wants to implement.

Over the next decade, government steel requirements will exceed £4.3 billion.

To shine a light on these missing sectors in Government figures and to show the real opportunity for both the Government and the British steel sector, UK Steel commissioned an independent report from LumenEE to identify the total steel needed for the rapid expansion of the UK’s offshore wind sector, out to 2025.