The government has published new data that reveals for the first time how three million tonnes of steel will be used in infrastructure projects by the end of the decade.
Central government infrastructure projects will need enough steel to build the equivalent of 173 Wembley stadiums – or three million tonnes worth of steel across 18 separate projects that include HS2 and Hinkley Point.
The data has been published by Business Secretary Greg Clark and Cabinet Office Minister Ben Gummer and also includes guidance from the government on procurement to simplify the process for UK steel manufacturers to plan and bid for upcoming government contracts.
Projects below the current threshold of £10M and those from local and health authorities will now be included in the guidance.
The changes will see the government begin to publish their indicative future steel requirements on an annual basis, initially looking forward to 2020.
The release of this information follows the new National Infrastructure and Construction Pipeline, which details over £500Bn worth of planned private and public investment over this Parliament and beyond.
Business and Energy Secretary Greg Clark said: “The government has been absolutely clear that we want to do all we can to support our world-class steel industry. These changes will ensure that UK steel companies can better plan for the long term, giving them an even greater chance of securing government contracts.
“We want UK companies big and small to be bidding for and winning government contracts which is why our upcoming Industrial Strategy is so important. This strategy will ensure we make the right investments in science, research, skills and infrastructure so that British industry wins contracts by producing the best goods and services.”
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