Defence: Industry

(asked on 10th February 2026) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government what steps they are taking to strengthen domestic supply chains for steel following the publication of the Defence Industrial Strategy 2025 in September 2025.


Answered by
 Portrait
Baroness Lloyd of Effra
Baroness in Waiting (HM Household) (Whip)
This question was answered on 23rd February 2026

The steel strategy, to be published in early 2026, will set out a long-term vision for a competitive, decarbonised sector, with the aim of attracting new private investment to secure UK steelmaking.

We’re providing up to £2.5 billion to rebuild the steel sector, delivered in part through the National Wealth Fund. This is in addition to the £500m we have invested in the transformation of Port Talbot. We have also taken direct action to protect steel production at British Steel and provided a £400 million increase to the investment at Sheffield Forgemasters.

In addition, we have cut electricity costs for steelmakers, changed procurement guidance so UK steel is considered for more public projects, and are working to protect our industry from unfair competition.

Reticulating Splines