Steel Industry Debate

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Steel Industry

Clive Betts Excerpts
Thursday 26th May 2016

(7 years, 11 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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The hon. Lady highlights the importance of the steel industry to manufacturing in the UK, whether it is our auto industry or our aerospace industry, and to the infrastructure needs of this country. That is one reason why we are doing everything we can to help.

Clive Betts Portrait Mr Clive Betts (Sheffield South East) (Lab)
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May I thank the Minister for Small Business, Industry and Enterprise for coming to visit Outokumpu and representatives of Forgemasters in my constituency, and for enabling my hon. Friend the Member for Penistone and Stocksbridge (Angela Smith) and me to join in the conversation? That was really helpful. For the future not merely of Tata but of firms such as Forgemasters and Outokumpu, when are the Government going to act to take away from them the unfair burden of having to pay 85% more for their energy than do their competitors in Germany?

Sajid Javid Portrait Sajid Javid
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Again, the issue of energy comes up in the House, and hon. Members are right to raise it. That is why we have taken action with the compensation scheme, which is now effective and which is helping all steelmaking companies, including Outokumpu, and that is why we are going further with the exemption. We keep the matter continually under review.