{"id":69994,"date":"2026-03-27T14:04:23","date_gmt":"2026-03-27T14:04:23","guid":{"rendered":"https:\/\/shefnews.co.uk\/?p=69994"},"modified":"2026-03-27T14:04:28","modified_gmt":"2026-03-27T14:04:28","slug":"barnsley-steel-industry-set-for-huge-government-investment","status":"publish","type":"post","link":"https:\/\/shefnews.co.uk\/index.php\/2026\/03\/27\/barnsley-steel-industry-set-for-huge-government-investment\/","title":{"rendered":"Barnsley steel industry set for huge government investment\u00a0"},"content":{"rendered":"\n

Over the last few decades, the UK steel sector has seen dramatic levels of decline, with crude steel production dropping by more than 50% in the last ten years alone.<\/p>\n\n\n\n

This is due to a combination of global overcapacity and high operating costs. These factors have made it harder for the UK to remain competitive in the steel industry and in turn has led to a lack of investment in the industry. <\/p>\n\n\n\n

However, this is now set to change, as on 19 March the government announced Steel Strategy<\/a>, a new plan for \u00a32.5bn to be invested into the UK steel industry. <\/p>\n\n\n\n

This funding is an addition to the \u00a3420 million being allocated for Forgemasters and \u00a350 million from the government being spent on Specialty Steels UK.<\/p>\n\n\n\n

This funding will be used to benefit local steelworkers in Barnsley as a key area in the industry.<\/p>\n\n\n\n

Maire Tidball, Labour MP for the constituency of Penistone and Stockbridge, was complimentary of the proposed strategy. <\/p>\n\n\n\n

Tidball said: \u201cThis is a landmark moment for our steel industry.<\/p>\n\n\n\n

\u201cSteel made in our communities and across South Yorkshire once powered our nation.<\/p>\n\n\n\n

\u201cThis strategy demonstrates the government\u2019s clear commitment to British steel produced in South Yorkshire.<\/p>\n\n\n\n

In a statement, Co-chair of the Steel Council, Jon Bolton, said: \u201cThis strategy is the first time I have been involved in an exercise to put in place a case for investment in the UK steel sector. While there is a long road to rebuilding a thriving sector, this strategy clearly demonstrates a case for investment.\u201d<\/p>\n\n\n\n

Overall the plan sets out a mission to return Britain to the world-leading steelmaking nation of the past, with the aim for up to 50% of steel used in Britain to be made in Britain.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government are planning on a huge investment into the British steel industry.<\/p>\n","protected":false},"author":773,"featured_media":69995,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[415,21],"tags":[25,2127,189,15,2126],"class_list":["post-69994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","category-news","tag-barnsley","tag-british","tag-council","tag-news","tag-steel"],"yoast_head":"\nBarnsley steel industry set for huge government investment\u00a0 - ShefNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shefnews.co.uk\/index.php\/2026\/03\/27\/barnsley-steel-industry-set-for-huge-government-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barnsley steel industry set for huge government investment\u00a0 - 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