Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, when the details of expenditure for the Clean Steel Fund will be announced to provide clarity about the decarbonisation of the sector.
The Department announced the Clean Steel Fund in 2019 and several options have been explored since, together with ongoing feedback from industry. In its response to the Call for Evidence on the Fund, the steel industry indicated a preference for the funding to start in 2023.
As part of the approval outlined in the Net Zero Strategy, we will continue to work together with industry through the Steel Council to explore decarbonisation options.