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MPs set for emergency steel crisis debate in Commons

MPs are set to hold an emergency debate to discuss the current steel industry crisis facing the UK as the future of British steel continues to 'hang in the balance'.

It comes as the Government said on Monday it could look at the possibility of co-investing with a steel buyer "on commercial terms" to help secure a sale.

Business Secretary Sajid Javid said the "Government stands ready to help" as he addressed the Commons on the issue after Tata Steel announced a deal with Greybull Capital to buy its Scunthorpe plant and save 4,400 UK jobs but no deal was yet secured for other UK plants.

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Government accused of undermining UK steel industry

Video report by ITV News' Political Correspondent Romilly Weeks.

The government has faced damaging allegations over its role leading up to the Tata steel crisis and its apaprently lacklustre effort to support the UK steel industry.

There have been accusations that the UK was the "ringleader" in blocking EU moves to impose tougher tariffs on imported, cheap steel from China which has undermined the future of British steel.

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