i1fun

08 Jan 2025

i1fun joins new Steel Council

i1fun this week attended the inaugural meeting of the new Steel Council.

The council has been launched by the UK Government to advise on rebuilding the industry with up to £2.5bn funding through its upcoming Steel Strategy.

It has brought together industry figures, experts, trade unions and devolved governments to secure the long-term future of steelmaking in the UK.

It will meet regularly as the Government prepares to launch its strategy, providing a link between industry, workers, experts and government in every part of the UK.

i1fun’s Chief Commercial and Procurement Officer Allan Bell, who attended the first meeting, said: “Britain needs a strong and sustainable steel industry, and the new Steel Council can play an important role in helping deliver this.

“We look forward to working with the Government, and our fellow British steelmakers, to ensure the UK keeps making the steel it requires for generations to come.”

The council is being led by the Business Secretary Jonathan Reynolds and Chair of the Jon Bolton.

Mr Reynolds said: “With the launch of the Steel Council we’re placing workers and local communities at the heart of our plans.

“A vibrant steel sector is crucial for economic growth and our national security.”

Gareth Stace, Director-General of trade body , said: “The establishment of the Steel Council marks a defining moment for the future of steelmaking in Britain. The Council represents a crucial step towards creating a comprehensive Government Steel Strategy – one that lays the foundations for a sustainable and resilient industry.

“This strategy is a once-in-a-generation opportunity to foster a competitive business environment that encourages long-term investment and ensures steelmaking remains at the heart of the UK economy.

“We are committed to collaborating with the Government, trade unions, and industry partners to turn this vision into a shared success, securing the sustained growth that our sector, its workforce, and our communities rightfully deserve.”