Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if she will make a comparative assessment of energy prices for steel production in (a) the UK, (b) China, (c) Germany and (d) the US.

Comparisons with energy costs in other countries is one of the considerations for the development and introduction of support for energy intensive industries including the steel sector. The British Industry Supercharger will introduce targeted measures to ensure the energy costs for key UK industries are in line with other major economies around the world – levelling the playing field for British companies across Europe. The government is committed to rolling out its measures between April 2024 and April 2025.