Iron and Steel: Manufacturing Industries

(asked on 11th October 2024) - View Source

Question to the Department for Business and Trade:

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


Answered by
Sarah Jones Portrait
Sarah Jones
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 18th October 2024

The Government is developing a steel strategy in partnership with the steel sector and trade unions that will set out a long-term vision for a sustainable steel sector, which we plan to publish in Spring 2025.

We have committed £500mn to Port Talbot’s transformation and up to £2.5bn for steel which will be available through the National Wealth Fund and other routes to help rebuild the sector.

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