How much taxpayer money is spent on steel from abroad annually?

The latest data reveals that one third of the steel it procures is imported, with £1.5 billion spent abroad from the public purse every year rather than supporting UK steel producers

Is there missing procurement data?

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.

What's the forecast steel spend?

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

What's the biggest new steel market opportunity?

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.