Question to the Department for Business and Trade:
To ask His Majesty's Government whether they plan to ensure parity of treatment between metal recyclers and steel producers in relation to energy pricing and the proposed carbon border adjustment mechanism.
The Government has recently published a consultation on eligibility for the British Industrial Competitiveness Scheme which, from 2027, will lower electricity prices for businesses in manufacturing frontier industries and foundational industries in their supply chains. Support is also available through the British Industry Supercharger and the Energy Intensive Industries Compensation Scheme.
The Carbon Border Adjustment Mechanism (CBAM) will ensure that highly traded, carbon-intensive imported goods face a comparable carbon price to UK-produced equivalents. Imported scrap products, including those from aluminium, iron and steel, will remain outside CBAM scope due to their low carbon leakage risk.