UK Steel Production: Greensill Capital Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Theresa Villiers
Main Page: Theresa Villiers (Conservative - Chipping Barnet)Department Debates - View all Theresa Villiers's debates with the Department for Business, Energy and Industrial Strategy
UK Steel Production: Greensill Capital
Theresa Villiers Excerpts(3 years, 8 months ago)
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Kwasi Kwarteng
The hon. Lady will know, as I have said at the Dispatch Box today, that we have a taskforce in BEIS chaired by my noble Friend Lord Grimstone. This is absolutely something that we are looking into, given the huge need we have and the huge demand for steel products in our infrastructure plans.
Theresa Villiers (Chipping Barnet) (Con) [V]
For all the many reasons set out by Members today, retention of a domestic steel industry is vital for our economy and our security. Will the Secretary of State set out what he is doing to ensure that we have the right regulatory climate for steel to thrive? Will he commit that, if other countries dump steel on world markets that has been inappropriately subsidised, he will take action via our trade policy to introduce anti-dumping measures to protect and support our steel industry?
Kwasi Kwarteng
My right hon. Friend will know that the steel industry in particular is subject to fairly stringent World Trade Organisation rules. She will also know, given the publication of our industrial decarbonisation strategy, that we are rigorously focused on trying to source clean, green steel in order to drive a green industrial revolution and to create the infrastructure projects without which we cannot have any real economic growth.