14,442.56 TRY BIST 100 BIST 100
52.67 EUR EUR EUR
45.05 USD USD USD
6.63 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.22 TRY Interest Interest
107.54 USD Fossil Oil Fossil Oil
5.97 USD Copper Copper
109.46 USD Silver Silver
107.86 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,684.34 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Greater Lincolnshire Mayor signs UK Steel Charter to boost use of domestic steel

Greater Lincolnshire Mayor Andrea Jenkyns signed the UK Steel Charter at British Steel’s Scunthorpe site, taking an important step toward increasing the use of domestic steel in public projects.

Greater Lincolnshire Mayor signs UK Steel Charter to boost use of domestic steel

The signing is seen as a strategic move by the Greater Lincolnshire Combined County Authority (GLCCA) to support domestic producers and strengthen supply chains in England. In this context, it is aimed to maximize the use of UK-produced steel in publicly funded infrastructure projects.

The UK Steel Charter, developed under industry leadership, encourages organizations to adopt best practices in procurement processes while aiming to increase domestic steel producers’ access to large-scale projects and enhance their competitiveness.

Speaking at the signing ceremony, Mayor Jenkyns emphasized that this step not only represents support for British Steel, but is also important for protecting local employment and strengthening the national industry. Stating that public investments should serve national interests, Jenkyns noted that increasing the use of domestic steel would both support producers and strengthen local economies.

UK Steel Director General Gareth Stace said the commitment sends a strong message that supporting British steel is critical for employment, growth, and economic resilience. He highlighted that public procurement is one of the most important support mechanisms for the sector.

Meanwhile, Jenkyns also backed the “Save Our Steel, Buy British” campaign, a joint initiative by Community Union and UK Steel. The campaign aims to strengthen the sector by encouraging the use of domestic steel.

Allan Bell stated that steel production forms the backbone of many industrial towns across the UK, emphasizing that supporting domestic steel is crucial both for preserving existing capabilities and for future infrastructure investments.

The signing ceremony held at the Scunthorpe facilities once again highlighted the importance of the steel sector for the regional economy, drawing attention to its impact on employment, investment, and industrial capacity. It was also noted that with this step, GLCCA has joined the institutions supporting stronger participation of domestic producers in public tenders.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

thyssenkrupp AG and Jindal Steel International suspend share talks

Monday, May 4, 2026

ArcelorMittal reports first-quarter 2026 financial results

Thursday, April 30, 2026

U.S. launches Section 232 tariff reduction process for steel and aluminum from Mexico and Canada

Thursday, April 30, 2026

U.S. Steel announces $1.9 billion investment in new DRI facility

Thursday, April 30, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now