Global News Of Note: UK Creates New Steel Council To Protect Industry
What happens abroad impacts MSCI members in North America. Here is the latest economic, trade, and other policy news of note for the last week:
- The government in the United Kingdom (UK) has launched a Steel Council comprised of sector leaders, industry experts, trade unions, trade associations, and local governments that will “address the challenges facing the steel industry and make the changes needed to secure steelmaking in the UK.” More specifically, the council will develop the country’s Steel Strategy ahead of its spring 2025 launch. That strategy is expected to provide a vital link between industry, workers, experts, and government in every part of the UK, ensuring that both the workforce and economic growth are at the heart of its plans to rebuild the sector. Read more at this link.