Removing steel safeguards leaves the industry at risk of collapse
It is essential for the UK government to extend steel safeguards beyond their June 2021 expiry date, or we risk job losses and endangering this treasured British industry.
British made steel is one of the pillars that built this great nation to what it is today, contributing £2 billion to the UK economy in 2020 alone. The British steel industry produces enough for 70% of the UK’s annual requirement of crude steel each year. With 96% of it used in construction and infrastructure recycled and used, over and over.
Yet, for 11 years, this Conservative government has failed to understand the strategic importance of the UK steel industry.
There has been no sector deal, nothing to address uncompetitive energy prices, and they have overseen the closure of steel plants, hollowing out steel towns. The government’s record on steel is one of failure.
The UK now risks the real prospect of leaving our own steel industry needlessly exposed
And having already dismally sold out our farmers and fishers in post-Brexit trade deals, thanks to the government’s lack of concern, it’s about to sell out our steelworkers too, and the UK now risks the real prospect of leaving our own steel industry needlessly exposed.