Steel Industry Debate

Full Debate: Read Full Debate

Alex Cunningham

Main Page: Alex Cunningham (Labour - Stockton North)

Steel Industry

Alex Cunningham Excerpts
Thursday 26th May 2016

(8 years, 6 months ago)

Commons Chamber
Read Full debate Read Hansard Text
Sajid Javid Portrait Sajid Javid
- Hansard - - - Excerpts

I agree with the hon. Gentleman. Much more information needs to be available on any proposal that is brought to the House. As I say, the Government have not made a decision on this, but I think it is entirely responsible of the Government to listen to what the trustees have to say at this point—after all, they are legally responsible and have fiduciary responsibility for all their members—and to put these proposals in the consultation. Before action, if any, is taken, there needs to be a lot more information.

Alex Cunningham Portrait Alex Cunningham (Stockton North) (Lab)
- Hansard - -

The steel industry would not be in the state it is in were it not for dumped Chinese steel. Does the Minister personally back market economy status for China, which could make the problem much worse?

Sajid Javid Portrait Sajid Javid
- Hansard - - - Excerpts

It is fair for the hon. Gentleman to raise the issue of Chinese steel, because we have all seen the massive increase in Chinese output of steel over the last decade, but it would be wrong for Members to assume that that is the only issue facing the industry. Regarding market economy status, as I mentioned, a review is being conducted by the Commission. Once it has reported, we will consider it.