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UK steel industry inquiry

Inquiry

The BIS Committee found that while the Government identified the steel industry as of vital importance, Whitehall did not have effective warning systems in place to detect and address mounting problems in the industry. The Committee also found that a lack of action at EU level, and a failure by UK Governments to push for EU action, helped leave the UK heavily exposed to Chinese dumping, a global oversupply of steel, and a ‘perfect storm’ of difficulties for the industry.