British Steel: Negotiations

Jim Shannon Excerpts

Thursday 2nd February 2023 Commons Chamber

[Ms Ghani]

Absolutely. I think the argument is sometimes lost when people say that we can bring steel in. Why would we want to do that when we have a sector right here? People do not often calculate the cost or the impact on the environment. We have put together substantial funding to help the industry take new technology on board, reduce emissions and decarbonise. I must say that when I have had meetings with those in the sector, they have enthusiastically embraced the opportunity to reduce carbon emissions and meet net zero targets. That is why we want to work hand in hand with them.

[Jim Shannon (Strangford) (DUP)]

On TV this morning, a journalist carefully outlined the case with reference to discussions between the Government and British Steel’s Chinese owners. I echo what the hon. Member for Caithness, Sutherland and Easter Ross (Jamie Stone) said about the supply of British steel; its supply to Northern Ireland is so important for the construction sector. What is forcing companies to look elsewhere is the increase in price, not a desire for a better product—the best product is British steel. Will the Minister commit to working with the industry to fund more efficient technology and mechanisms, and subsequently to aid the production of cheaper materials to maintain affordable buildings and enhance the British steel sector?

[Ms Ghani]

Absolutely; once again, the hon. Member asks a very sensible question. That is exactly what we are here to do. We need a cleaner, greener steel sector, so we need to do everything we can to support it in helping us to meet our net zero targets.