Wednesday 8th November 2023

(6 months, 2 weeks ago)

Lords Chamber
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Earl of Minto Portrait The Earl of Minto (Con)
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I completely understand the position of the noble Lord. During this transition period there is bound to be some effect. However, once the new systems are in place, there should be no change.

Earl Attlee Portrait Earl Attlee (Con)
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My Lords, like the noble Lord I support the UK steel industry. Can my noble friend the Minister say how much ferrous scrap the UK economy generates and how much we export overseas?

Earl of Minto Portrait The Earl of Minto (Con)
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I thank my noble friend for that question. We generate just over £11 million-worth of ferrous scrap each year, of which about £8 million-worth is exported.