The Iron and Steel Act 1967 (c. 17) was an act of Parliament of the United Kingdom, which regulated corporate governance in the iron and steel industries.

It required that employees had voting rights for the board of directors.

Schedule 4, Part V, stated that the corporation was required to participate in discussions with the workforce.

It established the Iron and Steel Corporation to acquire certain companies.

Nationalisation of iron and steel production had been strongly opposed by the Conservative opposition.