Brexit will not save troubled steel industry, says trade body

UK Steel’s director general warns leaving EU will not give steel greater trading opportunities

The trade body for steelmakers has rubbished claims that British Steel could be more easily saved if the UK were outside the European Union and warned that the turmoil of a no-deal Brexit could further damage the industry.

The intervention, from UK Steel’s director general, Gareth Stace, comes as the government faces a race against time to find a buyer for British Steel, which collapsed into insolvency last week, putting 5,000 jobs directly at risk and endangering thousands more in the supply chain.

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