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<p>Decarbonising UK industry is a core part of the Government’s ambitious plan for
the green industrial revolution. UK steel plays a critical role in the economy as
a foundation industry and the Government remains committed to the UK steel industry
and a decarbonised future, supporting local economic growth and our levelling-up agenda.
The Industrial Decarbonisation Strategy, published on 17 March, commits to work with
the newly constituted Steel Council to consider the implications of the recommendation
of the Climate Change Committee to ‘set targets for ore-based steelmaking to reach
near-zero emissions by 2035’. Hydrogen-based steelmaking is one of the technological
approaches being examined as part of this process.</p><p> </p><p>The Steel Council
offers the forum for Government, industry and trade unions to work in partnership
on the shared objective of creating an achievable, long-term plan to support the sector’s
transition to a competitive, sustainable and low carbon future. In order to support
these efforts, the Government has announced a £250 million Clean Steel Fund to support
the UK steel sector to transition to lower carbon iron and steel production, through
investment in new technologies and processes. The decarbonisation of the steel sector
and industry more widely will also be supported through the £1 billion CCUS Infrastructure
Fund (CIF) and £240m Net-Zero Hydrogen Fund.</p>
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