Question

To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to support the UK steel industry.

The Government recognises the current difficulties that are unique to the steel sector. While we cannot fix the price of steel, halt global overproduction or fix currency rates, the government has taken a number of measures to help our steel industry.

We have taken action on unfair trade, recently voting in support of anti-dumping measures on wire rod and steel tubing imports, as well as lobbying successfully for an investigation into cheap imports of Reinforcing Steel Bar.

The Government will be exempting eligible Energy Intensive Industries, including steel, from the indirect costs of the Renewables Obligation (RO) and Small Feed-in-Tariff (FiT). This will we can keep their bills down, keep them competitive, keep them here and also give certainty for future investment decisions. The steel industry’s request for flexibility over Industrial Emissions Directive exemptions has also been secured. This will save the industry millions of pounds of unnecessary expenditure at a time of crisis by offering steel companies more time to comply with this European legislation.

Finally, we are taking action to drive up the number of public contracts won by UK steel manufacturers and their partners through fair and open competition. The Government published on 30 October new guidelines for departments to apply on major projects when sourcing and buying steel. The new instructions will help steel suppliers compete on a level playing field with international suppliers for major government projects.