UK steel in crisis with close to 4,000 jobs lost

London

GOVERNMENT action to address domestic and European Union policies that cripple Britain's steel sector are still not enough to secure the industry's future, a parliamentary committee report said on Monday.

Nearly 4,000 jobs were lost in the British steel industry in October alone - equivalent to about a fifth of the workforce - as Tata Steel buckled under pressure from a decade's low in steel prices, while SSI UK and Caparo Industries shut up shop.