Steel Sector Debate

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Monday 18th January 2016

(8 years, 10 months ago)

Commons Chamber
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Anna Soubry Portrait Anna Soubry
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I do not think it is as simple as “cannot guarantee it”. We live in a free market economy. That means that anybody must be free to buy from whomsoever they feel will give them the best deal. My point is that when it comes to this Government’s own procurement rules and what can be done with taxpayers’ money, we have made those rules such as to provide no excuse for anybody not to buy British steel—and because it is so good, there is every reason why they should.

Mark Tami Portrait Mark Tami (Alyn and Deeside) (Lab)
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Although the measures announced by the Government are welcome, they are very limited. Does the Minister not accept that unless we tackle the issue of Chinese dumping, the whole future of the whole UK industry is at threat, and that the clock is ticking—we do not have much time left?

Anna Soubry Portrait Anna Soubry
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That is important, but it does not provide the answer. The price of steel has plummeted not just because of worldwide over-production, but because consumption of steel has not even reached where it was before the crisis. It is not as simple as merely dealing with Chinese dumping.