Sev.en Global Investments Welcomes New UK Steel Safeguards

Press Statement (Prague, Czech Republic — June 26. 2026)

Global industrial investor Sev.en Global Investments says the UK's new steel trade measures coming into force on the 1st July have been decisive in building investor confidence needed to commit serious long-term capital to UK steelmaking.

The new safeguards, introduced as part of the Government's Steel Strategy, strengthen quotas and tariff protections against subsidised global overcapacity, while allowing access for products that can’t be made in the UK.

Alan Svoboda, Chief Executive of Sev.en Global Investments, said:

“This is exactly the kind of action that brings the investor confidence needed to help rebuild steel production in the UK.”

“UK steel output fell to just 2.6 million tonnes last year - the lowest in modern history and down from 12 million tonnes only twelve years ago - leaving the country importing 70% of the steel it uses.”

“With China exporting more than the entire European industry combined, and the US, EU and Canada all defending their industrial base, decisive UK action is necessary and welcome. The Steel Strategy and these new safeguards may be the turning point this industry needed.”

Alan Svoboda added that the opportunity now is to convert that confidence into output, with significant UK capacity still to come online. “Protection works when the industry is producing,” Svoboda said.

“Britain has chosen to back its steel industry, now the industry has to make steel. That means furnaces in the hands of owners with the experience, capital, and vision to seize this moment, and to lift production back to sustainable levels that benefit workers, supply chains and the wider economy.”