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According to Albanese, Australian steel accounts for about 1% of US imports, though its steel is used by a major US military shipbuilder.

As the documentary 'Sir Alex' explores, Ferguson was the son of a shipbuilder in Glasgow and had spent time before his managerial career as a pub landlord in the city.

Spain's state-owned shipbuilder is expected to confirm on Thursday that it is buying Harland and Wolff, the Belfast shipyard best known for Titanic.

Harland and Wolff, the Belfast-based shipbuilder which built the Titanic, has formally entered administration for the second time in five years.

The loss-making shipbuilder, which employs 1,500 people across the UK, had applied for a loan guarantee of up to £200m.