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Barnsley steel industry set for huge government investment
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Barnsley steel industry set for huge government investment
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. 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. However, this is now set to change, as on 19 March th…
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