British Steel Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Jeremy Lefroy
Main Page: Jeremy Lefroy (Conservative - Stafford)Department Debates - View all Jeremy Lefroy's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 6 months ago)
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Andrew Stephenson
We have already provided £291 million in compensation to the steel sector since 2013, including £53 million in 2018, to make energy costs more competitive. I am particularly keen to see the steel sector benefit from the industrial energy transformation fund, which is backed by an additional £315 million of investment. I have already had discussions with UK Steel about how firms across the sector can make the most use of this transformative funding.
Jeremy Lefroy (Stafford) (Con)
I thank the Government for the action they are taking. Does the Minister agree that, just as our agriculture sector is vital for the national interest in food security, our steel sector is vital for the national interest in defence and manufacturing security?