Clean Steel Fund

(asked on 17th March 2022) - View Source

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.


Answered by
Lee Rowley Portrait
Lee Rowley
Minister of State (Minister for Housing)
This question was answered on 22nd March 2022

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.

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