Question to the Department for Business, Innovation, Science and Trade:
To ask the Secretary of State for Business, Innovation, Science and Trade, what assessment he has made of the potential impact of steel goods manufacture being offshored on the cost of goods manufactured in the UK.
The Government recognises that a strong domestic steel sector and a competitive manufacturing base depend on one another and our approach seeks to support both.
We are closely monitoring impacts across the supply chain, including on downstream manufacturers and trade flows, and we will continue to hear from businesses on the impact of the measure. We will review it after 12 months to ensure it remains effective and the balance is right for both producers and downstream users. Additionally, Explanatory Memoranda to the legislation that implemented the measure were published setting out the expected impacts on different sectors and businesses across the supply chain.