(8 years, 10 months ago)
Commons ChamberOrder. I think hon. Members need to calm down a little. If the right hon. Gentleman is not giving way, Members must sit down. If he is giving way, he will say so.
I am happy to give way to the hon. Member for Penistone and Stocksbridge (Angela Smith).
I think the hon. Member has put his point on the record. Let the Secretary of State continue.
Madam Deputy Speaker, the hon. Member for North Durham (Mr Jones) was one of those Members I mentioned earlier who were here before 2010 and sat in silence while employment and manufacturing plummeted and UK steel production plummeted.
Moving on, we are also supporting the Scottish Government’s taskforces in Dalzell and Clydebridge. We will work with them and also continue to monitor the situation in the black country to make sure that necessary support is provided for communities and families affected by the Caparo Wire announcements.
The House understands that there are no easy solutions in the face of what are, unquestionably, incredibly difficult market conditions right now. Excess capacity in global steel is enormous—about 570 million tonnes last year, almost 50 times the UK’s entire annual production. The price of steel slab has fallen by a half in the past year alone, while fluctuating exchange rates have added further pressures.
Order. The Secretary of State has indicated that he is not giving way. Shouting “Minister!” from a sedentary position is not going to help anyone.
Let me also say that Members who are included in a very long list of speakers and who make constant interventions will not be called. We shall not be able to fit everyone in as it is, but if the interventions are kept to a minimum, we may have a chance of getting a little way down the list.
This is a very important debate, and loads of Members want to speak in it. I think that I have been quite generous with interventions, and I shall now bring my remarks to a close.
As I was saying, the UK’s steel industry is part of the foundation of many of the nation’s great, world-beating supply chains: automotive, aerospace, construction and energy, to name just four. The Government therefore remain committed to a healthy and growing steel industry in the UK. That is essential if we are to increase productivity and thereby raise standards of living for everyone in the country. However, during what is an extremely difficult time for the UK steel industry, we must do as much as we can to support the families of those affected by these changes, as well as supporting the UK steel industry, here and abroad, so that it can compete on a level playing field.
Before I call the hon. Member for Livingston (Hannah Bardell)—on whose speech a time limit will not be imposed—I must inform Members that there will be a time limit of four minutes for Back-Bench speeches. I hope that that will enable us to get everyone in.