Steel Council to advise on upcoming Steel Strategy
Government efforts to rebuild the UK’s steel sector have been bolstered with the launch of a new Steel Council that will advise on the upcoming Steel Strategy.
Business secretary Jonathan Reynolds chaired the first meeting of the Council yesterday (January 7, 2025) together with co-chair Jon Bolton, chairman of the Materials Processing Institute.
The Council brings together steel sector leaders such as CEOs from Tata Steel and British Steel with trade union leaders, industry experts, devolved government representatives and trade associations to address the challenges facing the steel industry and make the changes needed to secure steelmaking in the UK. It will meet regularly as the government prepares to launch its Steel Strategy.
Reynolds said the launch of the Steel Council will place workers and local communities at the heart of government plans as it brings forward up to £2.5bn of investment to secure growth across the country.
Bolton added that the UK has the ‘essential elements’ to attract investment into the steel industry, namely demand, skills, technology, excellent research and development and a supportive government.
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