(3 months, 1 week ago)
Commons ChamberThere are future opportunities, particularly from renewables, some of the steels that will be necessary in the automotive sector, and some of the new technologies that are being taken up around other European countries. There is particular excitement about direct reduced iron. How we deliver the business environment, hopefully with new and existing partners, is absolutely key. I hope that that is what the strategy will deliver.
I thank the Secretary of State for his statement, which shows the priority that the Government are giving steel, in direct contrast with the previous Government, who had absolutely no industrial strategy—it was a real cheek of the shadow Minister to suggest otherwise earlier. Will the Secretary of State say a little more about the plans for Llanwern? Its dedicated workforce has been through hard times recently. With support, Llanwern can turn into the finest automotive finishing line in the world. Will he commit to developing that and to safeguarding the future of the plant?
I say again that had the election not been called, a statement such as this would not have been not possible. It would have passed us by; that was the situation that we faced. My hon. Friend rightly talks with pride about her constituents at Llanwern, which is an incredibly important and successful part of the industrial supply chain in the United Kingdom. I will ensure, as part of the transition, that the downstream functions, which are so valuable and praised, and which carry such respect in the industry, are protected, and that the transition plan does not disrupt the business model, which is, again, proof of the sector’s success and of future opportunities.