Nick Smith
Main Page: Nick Smith (Labour - Blaenau Gwent and Rhymney)Department Debates - View all Nick Smith's debates with the Cabinet Office
(4 years, 10 months ago)
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I beg to move,
That this House has considered the future of Tata’s Cogent Power steelworks in Newport.
I am immensely grateful to have the opportunity to speak on behalf of the dedicated workforce at Tata’s Cogent Power plant, the Orb works in Newport, representatives of which are in the Public Gallery. They are most welcome.
The need is urgent. This is a steelworks threatened with closure by Tata and it is due to close at the worst possible time, just before Christmas. It is unique, as it is the only steelworks in the UK making electrical steel.
Losing the Orb plant would be devastating for our economy in south Wales. It would also be a huge missed opportunity. Does my hon. Friend agree that there is still massive potential for the plant?
My hon. Friend represents a steel community, too, and I completely agree with his point, as I will make clear in my speech.
With the investment and support it needs—there is a plan, which I will come to later—the plant could and should have a bright future, especially at a time when, due to the growth of electric vehicles and electrification generally, demand for this type of steel is only going to grow. It would be a travesty if we were to lose the plant, and my ask of Ministers—I welcome the Wales Minister here today—is that the Government do all they can with Tata to protect this national asset.
The Minister says that the Government have met Tata, but what has he been able to offer it to help keep Orb open and keep steel going in south Wales? Can he be clear about what the Government are willing to put on the table?
The Government are clear that if a sustainable, long-term business plan can be produced, we will consider support packages, but the key part is that it must be sustainable for the long term, and it must be based on a clear business plan.