British Steel
Debate between Peter Kyle and Andrew Stephenson(5 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Andrew Stephenson
We are working with industry on a range of projects to ensure that a higher proportion of the UK domestic need for steel is supplied by British companies. As I have mentioned before, the steel pipeline has identified those projects, which means that steel companies can see when the demand is coming many years ahead. Hopefully, we can ensure that a much higher proportion of our domestic steel requirement is supplied from British Steel projects.
Peter Kyle (Hove) (Lab)
To say that the Government have left no stone unturned is, frankly, an insult to an industry that has been sent to the back of the queue when it comes to a sector deal. When will it get the sector deal for which it has been crying out for month after month after month? I ask the Minister to give us a very specific date.
Andrew Stephenson
Sector deals are not about value signalling. We are not doing sector deals randomly across the board. We are doing sector deals where we believe that they can deliver a transformation in productivity and enhance production in any sector. The UK steel sector, like the global steel sector, is challenged by global economic conditions, oversupply and a range of other factors. We have taken firm action on sorting out energy costs. We are supplying millions of pounds in compensation. We have launched the industrial energy transformation fund and we have the industrial strategy challenge fund. There is the steel pipeline and now the steel charter. This Government are dong an awful lot to help the UK steel sector.