The steel industry was once at the heart of UK industry. The industry is now radically reduced in size and employs less than a 10th of the workers it did in the 1970s.
No new steel production sites are planned in the UK and the sector suffers from under investment; other countries have seen investment, resulting in over capacity, which has resulted in depressed cost of the product. The sector has also suffered from the reduced manufacturing base in the UK and a strong currency.
Cheap imports from China are continuing to affect the production of lower quality steel, with China seeking to offload overcapacity. Members of Parliament are calling for the British construction industry to give more support to the UK steel industry. EU rules prevent the UK government providing support to the industry.