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.
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.