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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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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New UK Government regulations to boost uptake of British made steel in public projects

12 April 2023: This should raise the profile of British-made, ‘melted and poured’ steel in procurement for publicly-funded projects. This means that imported steel, originating from countries such as Russia, then processed through third countries like Turkey, is not simply re-badged.

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