Baroness Hazarika
Main Page: Baroness Hazarika (Labour - Life peer)Department Debates - View all Baroness Hazarika's debates with the HM Treasury
British Steel
Baroness Hazarika Excerpts(1 day, 20 hours ago)
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Baroness Gustafsson (Lab)
I can confirm that thinking about how we create that circular economy within the steel industry and how we think about scrap steel will absolutely be a key aspect of the steel strategy.
Baroness Hazarika (Lab)
My Lords, could the Minister give us any indication of how much of the steel that we hope will still be produced in Scunthorpe will be used for the defence equipment that we may have to produce in this country now because of our changing defence situation and for the house building we are planning to do?
Baroness Gustafsson (Lab)
With regards to the specifics of Scunthorpe, I am not yet in a position to be able to confirm how much that would be used domestically. Currently only 40% of the UK’s demand is provided domestically, so there is a significant domestic market that we could be looking to serve here.