Annual Review 2016

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Annual-Review-2016Turning the Tide: UK Steel’s Annual Review 2016

Welcome to UK Steel’s 2016 Annual Review. This year like every other, our review sets out to help the steel sector take stock of recent developments, track successes and failings and, importantly, look to the year ahead. It gives us a chance to review changes in government policy, market conditions and wider trends in industry and society, and match them against where we, as an industry, want to head.

In a fast-paced, action-packed and topical industry such as our own, it can be too easy to get caught up in day-to-day challenges and demands and not lift our heads to the bigger picture.

But by taking this step back we can better see the core strengths of our sector and ensure we continue to present a clear and compelling vision of the future we want for our industry.

We want to be a modern, productive and vibrant sector that beats off competition from around the world to underpin a resurgent UK manufacturing sector while maintaining a healthy export market. UK steelmaking is, and must continue to be, high-tech and highly skilled, a good neighbour and an excellent employer. Much of this we are already achieving ourselves. But some elements require an equally clear sighted vision from government. Things are a bit rosier for our industry than they were, but that is as much due to shifting economics as concrete structural reforms. 

There is still much more to be done to put UK steelmaking on a stable, sustainable, long-term footing. As a result, we were delighted to hear the new government commit to developing a fresh Industrial Strategy. This offers a platform for the government and industry to keep building together on the progress already being made in the Steel Council. We have set out here how, for our part, we would like that strategy to develop.

Undoubtedly, 2016 was a year of highs and lows for our sector, but it’s important that we recognise some of the great successes we’ve had in talking to the government and trying to drive forward for our sector.

This is in no small part down to UK Steel members across the UK who are actively getting involved.
Together, we can be a powerful voice for our great industry.

Download the Annual Review 2016

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