Steel Tariffs
Debate between Chris McDonald and Greg Smith(1 month, 1 week ago)
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Chris McDonald
I am aware of the challenges for spring steel businesses. Spring steels are incredibly difficult to produce and use high-quality, high-value steel. They are clearly within the capability of Speciality Steel, but the business is not operating. Given the number of requests for meetings, we might do a roundtable or something similar, but there will certainly be an opportunity for my hon. Friend to speak to officials. Perhaps we can get together with the Minister for Trade.
Greg Smith (Mid Buckinghamshire) (Con)
Prototype Productions in Long Crendon, Gibbs Gears in Stoke Mandeville and Aircraft Materials in Stokenchurch are all businesses in my constituency that categorically rely on grades of steel not made here in the United Kingdom. We have heard countless examples from around the Chamber of such businesses in other parts of the country. I have heard the Minister say “if” there is a problem with quotas; I would put it to him that there quite clearly is a problem with quotas. As we approach this cliff edge, I urge him, as so many others have, to stop, pause and ensure we get this right, or jobs will be lost.
Chris McDonald
The hon. Member talks of tool steels. As I have said, this is about steels that are made or could be made in the UK. Clearly, for the steel businesses to be profitable, we need to—[Interruption.] Well, the phrase “could be made” is actually quite important, because the Speciality Steel business was unable to compete with subsidised steel coming in from China. If the Opposition say they want our steel strategy set by the Chinese Government, that would be why our steel industry is in the position it is. I am sympathetic to the calls from UK businesses to manage the transition, and I am trying to do that. Understandably, however, I do not believe that our steel strategy should be set by the Chinese Government.