The Institute for Public Policy Research North says Britain's steel industry “is of national strategic importance”, with more than a third of jobs in northern regions like South Yorkshire, Teesside and the Humber. The think-tank estimates that “decarbonising steel in the North will require significant annual investment to develop new technologies and encourage uptake”. (Image: Gwent Gazette)Report author and senior research fellow Jonathan Webb said: “The steel industry underpins the economies and identities of so many towns and city regions across the North. The report says that with “the pursuit of the right technologies now and investment to create a competitive low-carbon steel industry, northern steel, as a foundational industry, can be central to the country’s prosperity in the decades to come”. The study adds: “This great transformation can offer something more hopeful; a cleaner, greener future for the steel industry.

Source: Daily Mirror April 16, 2021 23:01 UTC