Planned steel investment grants will no longer go ahead

BBC News•Thursday, November 6, 2025 at 12:27:25 PM

The government has decided to cancel its planned steel investment grants, opting instead to focus on supporting primary steel makers. This shift in priorities raises concerns about the future of innovation in the steel industry, as funding for new technologies and processes will be significantly reduced. The decision could impact the competitiveness of the sector and hinder advancements that are crucial for sustainability and efficiency.

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