(3 years, 6 months ago)
Commons ChamberThe Government back the British steel industry, as we have heard already this morning, and the unjustified US tariffs on steel, aluminium and derivatives imports from Britain are completely unfair and wholly unnecessary. Our rebalancing measures in response to the US section 232 on additional tariffs show that we will defend the British national interest and the rules-based system.
Our steelworkers make the best steel that money can buy but, thanks to the indifference of successive Conservative Governments since 2010, they are constantly being made to compete with one hand tied behind their back. They are already dealing with the highest industrial energy prices in Europe and a Government procurement policy that fails the patriotism test, and now they face the possibility that, in June, steel safeguards that guard against import surges will be removed. Does the Minister agree that, if the Government were to remove those safeguards, it would add insult to injury and again undermine the ability of our steel industry to compete on a level playing field?
As the hon. Member knows, the British steel industry has benefited from investment of more than £500 million in recent years to help with the costs of energy, and we have announced a £250 million fund to support the decarbonisation of the industry. So this Government are dedicated to supporting the future of the steel industry and we will continue that work.