Government Contracts: Steel Industry Debate
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Lord Watts
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Government Contracts: Steel Industry
Lord Watts Excerpts(8 years, 2 months ago)
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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.