Steel rescue package could be a 'missed opportunity', Labour MP Stephen Kinnock warns

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Steel rescue package could be a 'missed opportunity', Labour MP Stephen Kinnock warns
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Stephen Kinnock says it is important to support the UK steel industry to avoid having to rely on China, which produces metal in an 'incredibly dirty, heavily polluting' manner.

Stephen Kinnock says it is important to support the UK steel industry to avoid having to rely on China, which produces metal in an"incredibly dirty, heavily polluting" manner.Please use Chrome browser for a more accessible video playerA government aid package aimed at securing the long-term future of steelmaking in South Wales could be a"missed opportunity", a senior Labour MP has told Sky News.

While it does include the building of electric arc furnaces - which are greener than traditional blast furnaces - it does not focus enough on transitioning to a decarbonised economy, Mr Kinnock said.Dr Jonathan Aylen, a steel industry expert at the University of Manchester, has similar concerns, describing the potential agreement as a"bit of a stop-gap solution".

While they are a"great way to make steel" they are also a"great producer of carbon", Dr Aylen told Sky News.But he, too, mentioned the use of hydrogen and carbon capture and said ministers need to take a"long, careful, hard look at what needs to be done to decarbonise steel and stop becoming, so to speak, being taken for a sucker by every company that wants a handout".

UK steel has been through"multiple insolvencies" and this latest rescue plan could be seen as the government"throwing good money after bad", Mr Mould added.

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