UK STEEL NEWS

Contact Louise Young on lyoung@makeuk.org or 07388 370176. 

UK Steel: Where industry news lives
The number one resource for UK Steel industry updates, sustainability initiatives, government commitments, and essential news.

UK Steel welcomes TRA recommendation to extend steel safeguards until 2026

21 February 2024: Today the Trade Remedies Authority (TRA) has recommended the extension of the UK’s steel safeguards for all 15 product categories currently covered by the measure until June 2026.

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Tata Steel announcement follow-up: UK Steel issues electric arc furnace capability briefing

22 January 2024: After public discussions on the switch to EAF, UK Steel’s briefing (available here) points to the innovations in the United States showing that EAFs can produce a vast range of steel products through the careful management of the raw material mix. In the UK, EAFs are already supplying highly specialised steel for aerospace and defence applications.

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UK Steel comments on Tata Steel UK announcement

19 January 2024: Tata Steel UK has announced proposals to restructure its UK business as it transitions to green electric arc furnace steelmaking.

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Critical carbon border policy’s sluggish timeline will leave UK steel sector exposed

18 December 2024: By confirming a CBAM from 2027 instead of matching the EU’s 2026 timeline, the Government risks high-emission steel being dumped in the UK from 2026 when the EU CBAM takes effect.

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UK steel sector calls for action to safeguard steel scrap supplies amid domestic and worldwide anticipated surge in demand

4 December 2023: A new report, unveiled by UK Steel, urges the Government to capitalise on the UK’s current competitive advantage, that we generate over 10 million tonnes of steel scrap each year, to create the conditions needed for a vibrant, circular economy that makes the best domestic use of this vital material.

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Autumn Statement: Chancellor missed opportunity to confirm carbon border policy

22 November 2023: The Chancellor has today missed a major opportunity to confirm that the UK will implement a Carbon Border Adjustment Mechanism (CBAM) in his Autumn Statement. UK Steel, the trade association for steel companies in the UK, says that the country is now in danger of playing catch-up with the EU on timetables, leaving a critical, trade-exposed industry at risk.

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New report shows Government should reduce electricity prices ahead of electric steel future

13 November 2023: UK Steel has today launched a report showcasing the vast chasm between UK industrial electricity prices and what European competitors pay, setting out four recommendations to deliver competitive electricity prices for the UK steel industry.

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UK Steel: British Steel announcement heralds a vision for new, modern steelmaking

6 November 2023: UK Steel comments on British Steel's proposed plan for £1.25 billion investment to adopt electric arc furnace steelmaking. With British Steel’s announcement, it is clear the UK steel sector is completely committed to rapid decarbonisation. Just one year after publishing the sector’s Net Zero roadmap, the UK’s major steel producers are taking crucial steps to decarbonise by 2035.

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UK Steel comments on Labour Leader Sir Keir Starmer’s speech at Port Talbot Steelworks

23 October 2023: We welcome Labour’s continued commitment to the future of our steel industry. Steel is a strategically vital core product that no developed economy can be without.

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UK Steel responds to Network Charging Compensation and calls to close gap on industrial power price disparity

11 October 2023: The Government has today published the Network Charging Compensation scheme. This follows the announcement of the Industrial Supercharger Scheme in February and a consultation with industry on network charges. Today’s announcement confirms that Government will compensate industry for 60% of the network charges it faces.

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Why do we need a strong steel sector in the UK?

2 October 2023: UK Steel has today unveiled its report “Why the UK needs a strong steel sector”. The UK’s steel industry is the bedrock of the UK’s supply chains, central to the country’s economic potential and our resilience at a time of geopolitical turbulence. Now is the time to be bold and seize the opportunity to lead the world by building a Net Zero steel sector.

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UK Steel responds to announcement of Government and Tata Steel funding agreement

15 September 2023: "This is an important day for the UK steel sector. Government has confirmed its firm and bold commitment to the future of steelmaking here in the UK."

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First Metro Mayor pledge to use more UK steel after huge Metro Rail steel order

5 September 2023: Andy Street, Metro Mayor for the West Midlands, signed the UK Steel Charter, committing to using UK-made steel wherever possible in key projects in his region.

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Government must have hawk-like vision to spearhead steel industry decarbonisation strategy

4 July 2023: The Government published its response to its UK Emission Trading Scheme (UK ETS) consultation announcing that the scheme will have a tighter limit on industrial, power and aviation emissions, maintaining the existing free allowances until 2026.

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UK steel production slumps as energy costs soar

12 May 2023: UK Steel releases its latest statistics report which shows production levels of UK steel in 2022 dropped to their lowest since the Great Depression.

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UK Steel calls for extension of Government energy support

14 December 2022: Electricity prices have risen to over £1,500/MWh this week, over 30 times the historical average, forcing some steelmakers to cease production temporarily.

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Future of UK Steel - Five Steel Sector Priorities for a New Government

28 September 2022: Following the establishment of the new government and appointment of key positions, UK Steel sets at in this document it five key policy priorities to deliver a sustainable future of the UK steel sector and the fundamental reasons why domestic steel production is so important to the UK.

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