22-09-2016 15:15 via uk.news.yahoo.com

Hinkley Point a boost to UK steel, but not a game changer

By Maytaal Angel LONDON (Reuters) - UK steelmakers will likely get lucrative deals to supply the 18 billion pound nuclear power plant at Hinkley Point, not enough though to secure the future of Britain's troubled steel sector, industry experts say. UK steel firms are slowly emerging from a crisis that has seen some 5,000 jobs, or a fifth of the workforce, axed since last October, thanks primarily to rising steel prices and a falling pound making exports more competitive.. Britain approved the co
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