Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the potential merits of introducing steel import quotas to ensure that 60 per cent of steel used in the UK is made by domestic producers.
Steel is a top priority for this Government and we recognise the continuing challenges facing the UK steel industry – driven by global overcapacity and with a changing landscape on international trade.
This Government is developing a steel strategy to be published in 2025 that will set out a long-term vision for a bright and sustainable steel sector in the UK and the actions needed to get there. Moreover, we will will ensure there is a plan in place for the UK steel industry in light of the expiry of the global safeguard measure on certain steel imports next year.