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UK government doubles steel purchases from British producers

Europe

According to the latest documents, the share of steel purchased by the government in the UK has almost doubled since last year.

UK government doubles steel purchases from British producers

The Department of Business, Energy and Industrial Strategy of the UK government said that steel purchases from domestic producers have almost doubled since the beginning of this year.

It noted that all government departments comply with guidelines for purchasing steel from UK mills, where applicable.

The share of steel purchased in the UK for government projects is reported to be 77%, up from 40% last year. The value of contracts with UK suppliers also increased by 20%, from £ 67 million to £ 81 million.

The estimated steel demand of almost five million tonnes is linked to the central government's infrastructure plans for the next decade.

Large-scale measures to support the UK steel industry include over £ 480 million to cover electricity bills since 2013 and provide guidance to help UK manufacturers have the best chance of winning and participating in public sector tenders. </p >

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