Why is this important?
It’s crunch time. We need major investment now. The UK’s four blast furnaces, which produce 80% of our steel and provide thousands of decent jobs, need replacing between 2026 and 2035.
Decades of under-investment have undermined the industry. But, if our politicians make the right choices, steel production in the UK can have a very bright future.
We’ve developed an ambitious Workers’ Plan for Steel that if delivered would make Britain a world leader.
It’s time to save our steel.
Does steel have a future?
Yes, but the right decisions must be made now.
There are two choices
On the one side: A bright future with the UK a world leader. Serious investment that takes advantage of rising demand for green steel and pays for itself over time. This would safeguard existing employment and create thousands of new decent jobs for generations to come.
On the other: Managed decline. Let the steel industry keep shrinking. Tinkering around the edges is putting jobs at risk and it means Britain will lose the opportunity to become a world leader in an industry of the future.
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