Leading executives from Tata and British Steel are invited to join a new Government-backed steering committee, slated to shape the country’s steel industry strategy.

The UK Government has launched a new Steel Council to help steer the industry, which has faced thousands of job losses in recent years. The council will be co-chaired by Business Secretary Jonathan Reynolds and will include representatives from Tata Steel and British Steel, as well as the GMB Trade Union and devolved government ministers. The council’s goal is to work towards the launch of the government’s steel strategy in spring, which will set out how to increase steel capacity in the UK, meet demand, and boost economic growth. The government has pledged to invest up to £2.5 billion in the industry, which will be used to allocate funding and support the development of new steel production. The council aims to place workers and local communities at the heart of its plans and ensure that the industry is on a secure footing for the long term.