Speciality Steel UK

Debate between Jonathan Reynolds and Catherine Fookes

Monday 14th September 2026 Commons Chamber

[Jonathan Reynolds]

I am grateful to the hon. Gentleman. He and I have discussed this issue many times. I remember calling him to tell him that we were about to recall Parliament at that particularly significant time for the site at Scunthorpe. I am always aware of his substantial constituency interest. We will rekindle that relationship, if that is the right terminology. He will have seen that we have just appointed a chair of British Steel. I am eager to crack on with the work that is required on a transformational plan for Scunthorpe. As soon as I have substantive information to share, I am always happy to come to the House to talk about steel. If he has any specific questions, he knows that he can contact me directly and I will always seek to give him the answers he needs.

[Catherine Fookes (Monmouthshire) (Lab)]

I thank the Secretary of State for his support for domestic steelmaking. People do not often think of Monmouthshire as a steelmaking community, but we have excellent downstream steelmaking companies and hundreds of workers going every day to Llanwern, in the constituency of my hon. Friend the Member for Newport East (Jessica Morden). Will the Secretary of State share what the Government are doing to support downstream steel and to ensure that we are buying more Welsh steel in all UK projects and construction that are undertaken?

[Jonathan Reynolds]

The quality of the downstream products we create in the UK, particularly in Wales, is well known, but there are gaps in the market. I often compare the level of domestic consumption in most European countries to where we are with domestic production in the UK, and there are clearly gaps in that market. That has always been about the need to improve the business environment, so that the sector can work constructively with the Government to provide the public-private capex solutions that we have seen a lot of across Europe but have not seen many of in the UK. I am grateful to my hon. Friend and to all colleagues who make the case for what is, I believe, a business and a sector fundamentally important to the UK.

Port Talbot Transition Project

Debate between Jonathan Reynolds and Catherine Fookes

Wednesday 11th September 2024 Commons Chamber

[Jonathan Reynolds]

I am grateful to the right hon. Member for her questions. We will see the strategy in spring next year and the resources behind it, including the existing Government allocation for Port Talbot and the new money that the Government will put in. It is a £3 billion clean steel fund, so it is a significant investment. Obviously, I want a certain amount of return from that. I want to work with private sector partners. The kind of capital expenditure that is involved in the transition to green steel requires very significant partners who can deliver. It is not just a question of the Government doing this alone, and I think hon. Members recognise that. Steel safeguards are important. The right hon. Lady will know that steel is a significant part of the existing Trade Remedies Authority protections, many of which relate to China, but not exclusively so, and we keep them under regular review.

[Catherine Fookes (Monmouthshire) (Lab)]

I thank my right hon. Friend for today’s announcement and for reminding us of the role that steel plays in our green transition. He has done more in two months than the Conservatives did in 14 years. Many of my constituents in Monmouthshire, especially in Caldicot and Chepstow, work in the steel supply chain and in steel. Does he recognise that his announcement today has ramifications for the whole of south Wales?

[Jonathan Reynolds]

I thank my hon. Friend very much for her question. Let me say again that I wish that we were in a position to do even more, but I can tell hon. Members that this is the maximum improvement that was possible within two months. I know that in constituencies such as my hon. Friend’s people are seeking more than anything else a recognition that steel is not a sunset industry. It is vital to the future; it is not the case that it should be in inevitable decline in the UK. Indeed, we are an outlier in terms of the size of our steel industry among comparable G7 and OECD countries. This could be and should be a very positive story, and I am honestly confident that we can deliver that in future.