I doubt they'll get the money. Chinese steel will now go for a song. I hope you get my meaning : ).
We are loosing an industry. Well, the remnants of, since the British Steel days. Skills and people. No doubt Rhis is chortling ... faster, he whispers, soto voce . Only kidding.
Can they give them a little bit, just to get going? Mind, our laissez faire (read neoliberal) capitalism is incapable of thinking of one (2,3,4 ...) months ahead, judging by the latest, so a couple of years must seem like an interstellar journey cum time-travel they are not able to conceive.
It's just possible they just may do 'switch and bait' routine so some of their pals gets the dosh + PR. Follow the money etc.