UK Steel Production: Greensill Capital

Marion Fellows Excerpts
Thursday 25th March 2021

(3 years, 1 month ago)

Commons Chamber
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Marion Fellows Portrait Marion Fellows (Motherwell and Wishaw) (SNP) [V]
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With booming metal prices, GFG’s business in Scotland, including Liberty Steel in my Motherwell and Wishaw constituency, remains profitable. Notwithstanding his previous answers, I must press the Secretary of State to echo the promise given by the Scottish Government and do all in his power to protect this profitable industry. Will he do so?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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That is a fair question, but the hon. Lady will appreciate that the assets in Scotland relate particularly to aluminium smelting, whereas in England and Wales their job is really focused on the steel industry. None the less, we are looking at all options to see what we can do to sustain these crucial jobs.