Redcar Steel Debate

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Lord Brookman

Main Page: Lord Brookman (Labour - Life peer)
Thursday 15th October 2015

(9 years, 1 month ago)

Lords Chamber
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Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe
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My noble friend asks a very good question, which is the question I first asked when I heard about this great challenge. But we have in fact provided more than £50 million in compensation to steelmakers for energy costs under the emissions compensation scheme. We voted—in fact I voted—for anti-dumping measures on certain Chinese steel products and we have identified a pipeline of more than 500 infrastructure projects to help the industry to win contracts. The trouble is that we have a worldwide problem in the steel industry. I know from talking to the French, the Germans and the Luxembourgers that they share that problem.

Lord Brookman Portrait Lord Brookman (Lab)
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My Lords, following on from the noble Lord, Lord Tebbit, I have a straight question for the Minister. Is it true that the Lord Chancellor, on his recent visit to China, discussed with the Chinese Government and the steel manufacturers using Chinese steel to build the rail for HS2, which is forthcoming? That is of great concern and follows on from what the noble Lord, Lord Tebbit, said. Why are we using foreign steel—Chinese steel—when we have a use for our own steel in this country to build things that we need in this country? We were talking about the steel industry, not about the general politics of industry and so forth. My plea to you last time was to do something for the steel industry.

Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe
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My Lords, I am not privy to discussions between the Chancellor and Chinese senior Ministers, but I do believe in free trade. The point about the visit was to build relationships both ways. I believe that the Chinese can invest in Britain and can be helpful to Britain. Our industry obviously has to be competitive and produce great steel, as they did for example on Crossrail. That is what we need more of. We are looking forward. We are having a summit, which is taking place tomorrow, to look forward at other opportunities and prospects, and I look forward to hearing the results of that.