Trade body warns industry now 'officially in crisis' as Chinese-owner of British Steel rejects £500m green steel support package
High-profile plan to install electric arc furnace as replacement for shuttered coal-fired blast furnace at South Wales steelworks secured paving the way for construction this summer for delivery 2027
The government insists the UK is 'well positioned to be at the forefront of the global transition to green steel', as it seeks views on its forthcoming Plan for Steel
Both Labour and the Conservatives have trumpeted the importance of domestic UK steel production, but securing its future in a decarbonising economy requires urgent attention and significant reform
Widely expected announcement prompts calls for better 'just transition' planning and support for affected workers, as Labour slams government's failure to support development of green primary steel plants
But the steel producer and trade unions call for urgent action and policy support to develop low carbon steel production in the UK if climate goals are to be met