Mr Reynolds said the industry “has a long-term future under this Government”, adding: “The deal announced by Heathrow announced this week will secure a strong industry pipeline for years to come – and we are putting the full weight of Whitehall behind the industry to build on this success.”.
Gareth Stace, director general of UK Steel, said: “The Government’s commitment to our steel sector is both vital and welcome.
US President Donald Trump’s planned tariffs on imports of UK steel will cause damage on both sides of the Atlantic, Business Secretary Jonathan Reynolds said.
Mr Reynolds told the BBC’s Sunday With Laura Kuenssberg that specialised steel from the UK was used by the US Navy on its submarines and a 25% import tariff would push up the cost to US taxpayers.
Unite general secretary Sharon Graham said: “The launching of the steel strategy is a critical landmark for a foundation industry, whose success is essential to the wellbeing of our economy and our national security.
