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<p>The Government is committed to a UK steel industry and a decarbonised future, supporting
local economic growth and our levelling-up agenda. That is why the Government has
provided over £500 million to the sector in recent years to help with the costs of
electricity as well as announced a £250m Clean Steel Fund to support the sector’s
transition to lower carbon iron and steel production. Moreover, our unprecedented
package of COVID-19 support remains available to protect jobs and ensure that the
industry has the right support during this challenging time.</p><p> </p><p>The Government
fully recognises the importance of steelmaking in Wales. In July 2020, the Government
provided Celsa with a commercial loan, which secured over 1000 jobs, including more
than 800 positions at the company’s main sites in South Wales. We also continue to
work closely with Tata as it shapes its business strategy to support the future of
high-quality steelmaking in Port Talbot.</p>
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