2nd Sept 24: UK Steel's new report on industrial electricity prices, featured in The Times, demonstrates that a sizable gap remains between what UK steelmakers and their European competitors pay. The report also sets out three recommendations to bring electricity prices in line with European counterparts.
Read More26 June 2024: The Secretary of State for Business and Trade, Kemi Badenoch, has given the go ahead to extend the UK’s steel safeguards for all 15 product categories until June 2026. The trade remedy tool can only be applied until June 2026 according to World Trade Organisation rules. With global steelmaking capacity only on the rise, the problems faced by the steel sector will not go away any time soon and UK Steel is now working on new models for future remedies.
Read More24 June 2024: New analysis by UK Steel, featured in The Times, has found that current government infrastructure projects may spend over £1.5 billion on steel bought from abroad. Over the next decade, existing government figures show a steel order book spend worth an estimated £4.3 billion. However, the latest data confirms that only 66% of this steel is purchased from UK steelmakers.
Read More10 June 2024: UK Steel’s election manifesto sets out a comprehensive strategy to secure the sector for the good of the country and to put steel front and centre of the political conversation.
Read More31 May 2024: The UK Steel Key Statistics Guide 2024 provides up to date, at-a-glance information illustrating the scale of the economic contribution of the steel sector to the UK's economy.
Read More18 April 2024: In its new report, UK Steel sets out twelve crucial design principles for guaranteeing a robust policy with minimal risk of circumvention, strong carbon leakage protection, and simplicity of administration for governments and industry alike.
Read More19 March 2024: South Yorkshire is home to a proud history of steelmaking, with the earliest record dating to 1642. Today, almost 400 years later, the South Yorkshire Metro Mayor, Oliver Coppard, the South Yorkshire Metro Combined Authority, and the newly founded regional Business Advisory Board will sign the UK Steel Charter. They will also visit the iconic, Sheffield Forgemasters, showing support for and celebrating the importance of the local steel industry.
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