Iron and Steel: Manufacturing Industries

(asked on 26th June 2023) - View Source

Question to the Department for Business and Trade:

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


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
Minister of State (Minister for Europe)
This question was answered on 29th June 2023

The Government is actively engaging with the steel industry for a sustainable future and my Rt. Hon Friend the Secretary of State for Business & Trade recently visited British Steel in Scunthorpe and Tata Steel in Port Talbot.

The British Industry Supercharger will bring energy costs for energy intensive industries, including steel, in line with the world’s major economies. The industry has been able to bid into various funds to support energy efficiency and decarbonisation. 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, and acted to resolve market access constraints on steel trade with the US and the EU.

A Government loan to Celsa Steel UK supported 1,800 jobs and has been repaid in full.

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