UK steel industry a whisker away from collapse, Unite union says
The UK steel industry, which supports thousands of jobs, is "a whisker away from collapse", the Unite union says.
These included "crippling energy costs, carbon taxes, lost markets, lower demand, and open market access for imported steel". The money has not been confirmed by the Treasury, but the BBC understands it would depend on the firm's Chinese owners, Jingye, investing in greener technology.Responding to the letter, a spokesperson for the Department for Business, Energy and Industrial Strategy said the government recognised "the vital role that steel plays within the UK economy, supporting local jobs and economic growth".
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