“It is clear that free trade in the steel industry is dead. Governments are being forced to protect their industries by China’s market-distorting subsidies and colossal overproduction,” said Peter Brennan, trade policy director of the British lobby group UK Steel. ⬇️
As the UK moves towards EAF steelmaking, steel scrap will become the primary raw material.
A new report from @UKSteel__ calls for urgent action to build a domestic circular steel economy and keep jobs, value and manufacturing in the UK.
👉 ow.ly/Sqxy50XBToi
🆕1/ Gov’t will raise Network Charging Compensation from 60% → 90% from April 2026, matching support in Germany.
But we won’t see the benefit until 2027. The scheme kicks off in 2026, but compensation is paid out a year in arrears.
🔗 uksteel.org/steel-news-2025/…
3/ The uplift is a welcome move - but now we need to fix the core issue: wholesale power prices remain the biggest cost driver.
Without reform, we’re struggling to compete internationally.
🔉 Budget must deliver for UK steelmakers
The UK’s steel industry is in an increasingly precarious position. Mounting pressures continue to build.
This year’s Budget is a crucial chance to strengthen steel — and UK Steel is setting out its top priorities over the next month. 🧵
UK steel is in crisis according to experts — only 30% of demand is met at home.
Gareth Stace @UKSteel__ explains why a bold steel strategy is needed to protect jobs, supply chains and UK manufacturing.
Watch Ep1 of our new series from @UK_Metals Expo
📺 ow.ly/W4Nv50XbxzN
"It'll be devastating."
The EU proposing to hit the UK with 50 per cent tariffs on steel means "the UK government needs to act very, very quickly", says director general of UK Steel, Gareth Stace.
@UKSteel__ warned today that the EU's plans to slash import quotas and double tariffs pose a serious threat to UK steel exports.
Our industry needs the UK Government to act now, to secure UK-specific quotas and tighten import controls.
Full details ➡️ ow.ly/tBhK50X8oRR
UK and EU poised to strike deal sparing British business from carbon border tax - @guardian exclusive: Temporary deal to shield UK exporters from levy’s impact is now viewed by both sides as likely.
Via @elenicoureatheguardian.com/politics/202…
The iPaper has been told that EU relations minister Nick Thomas-Symonds will this autumn ask Brussels for a temporary exemption from its carbon border tax, with Rachel Reeves believed to be concerned about the potential impact on UK firms. Via @theipaperinews.co.uk/news/politics/uk…
Speaker line-up unveiled! ✨
Join @UKSteel__, @CommunityUnion, @HeathrowAirport and @BritishSteelUK at #Lab25 to discuss the future of UK steel, supply security and Heathrow’s expansion.
📅 Monday 29 September
⏰ 5-6pm
📍 Heathrow Lounge, ACC, Liverpool