Question to the Department for Business and Trade:
To ask His Majesty's Government what plans they have to support the exportation of scrap steel as part of their forthcoming Steel Strategy.
The Steel Strategy will articulate what is needed to create a competitive business environment in the UK with the aim of attracting new private investment to secure and expand UK steelmaking capability and capacity which is aligned with our Net Zero goals.
The UK’s abundant scrap supply offers domestic steelmaking a strategic advantage, and will feature in the Strategy. Unfortunately, we cannot comment further ahead of publication later this year, but we can say that the Steel Strategy will set out a long-term vision for a bright and sustainable steel sector in the UK and the actions needed to get there.