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UK offers £600m to support steel industry’s green transition

UK offers £600m to support steel industry’s green transition

Jeremy Hunt expected to confirm help for British Steel and Tata to employ lower-emissions technologyThe companies running Britain’s four remaining steel blastfurnaces have been offered £600m in government support to invest in lower-emissions technology.The chancellor, Jeremy Hunt, is expected to confirm the help of £300m each for British Steel and Tata Steel in an announcement as soon as this week, although the timing will depend on them accepting the offers. The BBC first reported the government offer to both companies.

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