The government has said 3M.t of steel will be needed by 2020 for infrastructure projects.
It has changed the public sector procurement guidance to enable UK steel manufacturers to better plan and bid for contracts. This includes removing the £10M threshold for projects and including those from local authorities.
It is the first of the government’s predicted annual steel requirement to be published. The requirement will now be issued on an annual basis and is designed to complement the National Infrastructure and Construction Pipeline.
The plans factor in steel for High Speed 2 (HS2), Hinkley Point C and road upgrades.
“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,” said business and energy secretary Greg Clark.
“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.”