The UK Steel Charter is a new initiative aimed at maximising the amount of UK produced steel used in UK construction and infrastructure projects. With just over half of the steel purchased for UK construction projects currently coming from abroad (6 million tonnes annually), the potential to purchase more steel from UK producers is significant and would boost steel production, support steel jobs and communities, strengthen manufacturing supply chains, and increase UK GDP.
The Charter builds upon existing government policy on steel procurement but goes one step further by asking signatories to commit to a range of simple procurement steps. These simple steps could transform the way we purchase steel and other materials, ensuring longer term strategic aims are taken into account such as social and environmental considerations, and the UK’s long-term economic growth. These steps will inject real transparency into procurement practises, maximising the ability of UK steel producers to compete for and win supply contracts.
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