The British government has announced plans worth billions of pounds to support the country’s steel industry and ensure its sustainability.

The British “PA Media” agency reported that a review has been launched to examine long-term issues facing this sector, such as high electricity costs, unfair trade practices, and recycling scrap metal.

In light of US President Donald Trump’s plans to impose tariffs on products such as steel, the government said that up to 2.5 billion pounds ($3.15 billion) will be allocated to support the steel industry in the United Kingdom, according to the German News Agency (DPA).

The aid will be available through the National Wealth Fund, which ministers said could benefit areas such as Scunthorpe, Rotherham, Rodcar, Yorkshire and Scotland.

The spending will be directed to initiatives aimed at ensuring the long-term future of the steel industry, including investment in electric arc furnaces.

The announcement comes after the government approved the expansion of Heathrow Airport, a project that will require 400,000 tonnes of steel.

The UK steel industry has faced a number of challenges in recent years, including the shift to more environmentally sustainable production methods at a huge plant in Port Talbot, South Wales, which has led to a number of job losses.