Steel Industry Debate

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Tuesday 20th October 2015

(9 years, 1 month ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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My hon. Friend is absolutely right to raise that point. I agree with him wholeheartedly about the importance of the steel industry to the economy as a whole and to our manufacturing base. It is without question a vital national asset, as he says. The important issue of quality must be considered alongside the question of markings and of ensuring that the quality is properly tested. Those issues came up in the taskforce, and we will be looking at them very closely.

Tristram Hunt Portrait Tristram Hunt (Stoke-on-Trent Central) (Lab)
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I welcome today’s announcement of the £100 million Chinese investment by SinoFortone in the London Paramount theme park, but our Chinese partners need to know that this country is more than just a theme park. We need a steel industry and a manufacturing strategy. Will the Secretary of State explain what talks he is having this week with visiting Chinese officials on dumping, on state aid and on environmental regulation? When will he stand up for Britain?

Sajid Javid Portrait Sajid Javid
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This week, there will also be announcements on further incoming business from China to Britain, and on opportunities for British companies to export to China, worth a total of more than £25 billion to the British economy. That will help to sustain thousands and thousands of jobs throughout the country, including in the hon. Gentleman’s own constituency. The Prime Minister said yesterday that, when he sits down with Chinese Ministers, officials and others, the issue of unfair trade will be discussed.