UK government is exploring various options regarding British Steel's future, with a focus on potential partnerships, including Chinese investment. Minister Sarah Jones emphasized the aim to maintain and grow steel production in the UK, countering a trend of decline. Business Secretary Jonathan Reynolds asserted that ensuring the availability of raw materials is key for British Steel's future, indicating a strong correlation between the steel industry and the UK's infrastructure projects, which are anticipated to boost demand significantly as part of a national renewal strategy.
"Well, we are not at the moment. I am not going to say yes or no to anything that isn't at the moment on the table or being looked at."
"We will always act in the interest of working people and UK industry."
"Our industries depend on UK steel and - thanks to our Plan for Change - demand is set to shoot up: helping build the 1.5 million homes, railways, schools and hospitals we need to usher in a decade of national renewal."
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