UK Steel director general Gareth Stace said: “Heathrow signing the UK Steel Charter is a major vote of confidence in UK steelmaking and British businesses full stop.
“Driving demand for UK-made steel is a crucial part of our upcoming Steel Strategy, and by signing the Steel Charter Heathrow will give a huge boost to steelmaking communities across the UK and help us kickstart economic growth.”.
The Government said the investment programme is expected to secure thousands of British steel jobs across the country by driving a significant increase in demand for UK-made steel.
Industry minister Sarah Jones, who is expected to give a keynote speech at the launch event on Wednesday, will say: “This investment is the latest in a long line of wins which our Plan for Change has helped deliver, and not only secures thousands of jobs but marks a major vote of confidence in our homegrown steel sector and this government’s Industrial Strategy.
Mr Woldbye is expected to say: “This privately-funded programme will upgrade existing infrastructure while laying the groundwork for a third runway, boosting UK investment and economic growth, with tangible benefits felt this year.