Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether she has had discussions with representatives of the steel industry on the adequacy of funding for the clean steel fund; and if she will make a statement.

The Government recognises the vital role that the steel sector plays across the UK economy, and we meet regularly with steel industry representatives to discuss a range of issues. We are continuing to work with the sector to understand its decarbonisation investment plans, and representatives for the steel industry have not raised the timings or scale of the Clean Steel Fund in recent months whilst these discussions have been ongoing.

Existing support for the steel industry’s decarbonisation efforts includes funding schemes such as the Industrial Energy Transformation Fund (IETF) and the Industrial Decarbonisation and Hydrogen Revenue Support (IDHRS).