Government Contracts: Steel Industry

Lord Watts Excerpts

Thursday 25th February 2016 Lords Chamber

[Lord Bridges of Headley]

That is slightly going beyond my ken, my Lords. As regards the energy costs that the steel industry is looking for, £100 million will be saved over the financial year and £400 million by the end of this Parliament, thanks to the action that the Government are taking to give the industry relief.

[Lord Watts (Lab)]

If the Chinese are found to have been dumping steel in the UK, what action will the Government take to penalise them for doing so?

[Lord Bridges of Headley]

Let us wait and see. These investigations are obviously under way as we speak.