(8 years, 6 months ago)
Commons ChamberThe hon. Gentleman is right about the importance of time for securing a viable long-term future for the Tata strip business. I have had a number of discussions, as have my officials, with Tata. It has been very straightforward in being reasonable about time—of course, it does not have an unlimited amount of time, but it has shown through the long products business that it understands that things take time.
I congratulate my right hon. Friend on his approach—particularly to Tata and Neath Port Talbot in south Wales, but also to Celsa Steel in Cardiff. Some £76 million has already been given in compensation to high-energy users and the Government are projected to spend, I hope, £100 million this year. Will my right hon. Friend confirm that and clarify what future support we can give to high-energy steelmakers?
My hon. Friend is absolutely right to raise the issue of Celsa Steel, which has made a substantial investment in the UK, employing hundreds of people, and we want to see that continue. The price of electricity is very important to Celsa and other steel producers. We have already extended the compensation available and we have announced that we will move towards exemption, which I think will help Celsa and many others.
Yes, I can assure the hon. Gentleman of that. Again, let me say that the approach of the unions has been very constructive and positive, and it is absolutely key. I highlighted earlier the involvement of the Community union—probably the union I have had most to do with on this issue—with Tata strip. The people who run the union, and its members, understand that there is a role for everyone, and we will of course share information with them.
May I thank my right hon. Friend for his statement today? More broadly, may I also thank my right hon. Friend the Secretary of State for Wales and the Labour First Minister in Wales for working constructively with the Community union and for looking at everything we can do for Tata Steel in south Wales? The Government are absolutely right to support anti-dumping measures at EU level with our EU neighbours and partners. Will my right hon. Friend confirm that those measures are starting to have a very real effect?
First, let me, too, commend the First Minister in Wales for his constructive approach. Let me also commend Andrew R. T. Davies, the leader of the Conservative group in Wales, on his approach in making sure that he and his team help in every way they can. On tariffs and measures against dumping, what matters most is measures that actually work, and that is what we have seen so far, but we want to make sure that that continues.