The £2.5bn plan to revive UK's 'hemorrhaging' steel industry

2 hours ago 1

Britain produces little alloy than Belgium but a caller strategy volition purpose to boost jobs successful this crisis-hit sector

By David Williamson, Chief Political Commentator

12:33, Sat, Feb 1, 2025 | UPDATED: 12:40, Sat, Feb 1, 2025

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The days of blast furnaces successful Britain person travel to an extremity (Image: AFP via Getty Images)

Steel utilized successful large infrastructure projects should beryllium made successful Britain, the curate liable for the crisis-hit assemblage has declared arsenic she prepares a £2.5billion strategy to enactment its melodramatic diminution into reverse.

Sarah Jones is alarmed that “only a third” of the alloy utilized successful the UK is made successful this country. She wants to halt the manufacture “haemorrhaging” and instrumentality it to growth.

Intense planetary contention and precocious accumulation costs person dealt the UK assemblage a hammer blow. Traditional steelmaking ended successful Port Talbot, South Wales, successful September erstwhile its past blast furnace closed.

In 2023, the UK produced conscionable 0.3% of the world’s full alloy – 5.6million tonnes compared with China’s 1 cardinal tonnes. Seven EU states, including Belgium, created much alloy than the UK.

Steel curate Ms Jones said: “Only a 3rd of the alloy that we usage successful the UK presently is made successful the UK. So we request to alteration that...

“And that’s what the alloy strategy is about.”

She is not nostalgic for the epoch of blast furnaces.

“The outgo of producing alloy is overmuch higher due to the fact that they are truthful inefficient,” she said. “Most countries successful Europe and tons of different parts of the satellite person switched to electrical arc furnaces which is amended successful presumption of the clime but besides massively much businesslike – you tin get much alloy for little money.”

She hopes that much radical volition employed successful the assemblage arsenic it is revived.

Insisting determination is the accidental for growth, she said: “If you deliberation astir our ambitions for maturation successful the UK, whether it’s airports, information centres, 1.5million homes, greenish vigor with each those upwind turbines, manufacturing, electrical vehicles – alloy underpins each of those. We request to halt looking to the past with our alloy manufacture and look to the aboriginal due to the fact that it’s a agleam aboriginal if we get this right.”

Adamant that the Government’s propulsion for nett zero c emissions is not the “enemy” of the sector, she said: “The offshore upwind turbines are made from steel. The greenish vigor gyration successful the UK volition thrust our request for steel.”

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Charlotte Brumpton-Childs of the GMB commercialized national said: “UK produced alloy is captious for jobs, section communities and our nationalist security. Right now, precocious vigor prices and the mechanics for dealing with c are putting our home manufacture astatine risk.

“The £3billion pledge to decarbonise alloy and the caller Steel Council are bully news, but without each parts of Government moving together, we hazard sucking successful much imports of dirty, c loaded alloy from overseas – and that’s atrocious for Britain.”

But Reform UK MP Lee Anderson said: “To prevention British steel, we indispensable scrap the senseless obsession with nett zero and harness our earthy resources – thing Reform UK is afloat committed to delivering.”

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