British steelmakers stand to make millions extra a year as the EU gets rid of its steel tariffs following the UK Government’s EU deal signed in May. It means UK steelmakers will be able to export more steel used for large building projects to the EU tariff-free, supporting the UK’s wider economic growth ambitions. The move follows the decision to take control of British Steel following years of mismanagement – a decision that the Government says saved thousands of jobs and secured Britain’s place as a steelmaker. The UK steel sector supports around 40,000 jobs across 1145 firms, with a further 61,000 jobs in related sectors.

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