Iron and Steel: Manufacturing Industries

(asked on 12th June 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps the Government is taking to support the steel industry.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
Minister of State (Minister for Europe)
This question was answered on 20th June 2023

The Government is actively engaging with the steel industry for a sustainable future. The industry has been able to bid into competitive funds worth more than £1billion to support energy efficiency and decarbonisation. The British Industry Supercharger will bring energy costs for energy intensive industries, including steel, in line with the world’s major economies.

We have updated the Steel Procurement Policy Note to create a level playing field for UK steel producers, implemented a robust trade remedies framework to protect domestic industry, including steel, and acted to resolve market access constraints on steel trade with the US and the EU.

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