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<p>We have discussed the procurement of steel with the Department for Business, Energy
and Industrial Strategy, which has asked all government departments to consider guidance
on steel procurement and to notify of any upcoming opportunities for industry.</p><p>
</p><p>More broadly, the government is committed to supporting the steel sector to
realise the broader commercial opportunities that are open to it. The Chancellor announced
at the last Budget that we are establishing the Industrial Energy Transformation Fund
– backed by up to £315 million of investment – to help businesses with high energy
use (including steel companies) to cut their bills and transition UK industry to a
low carbon future. We are also providing up to £66m through the Industrial Strategy
Challenge Fund to help steel and other foundation industries develop radical new technologies.</p>
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