Tata Steel Debate

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Tata Steel

Tom Blenkinsop Excerpts
Thursday 16th October 2014

(9 years, 7 months ago)

Commons Chamber
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Matt Hancock Portrait Matthew Hancock
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I and the Government will do everything that we reasonably can to secure the future of steel production. Being open to international investment means that there are other opportunities; Tata itself is an international investor. None the less, while I acknowledge my hon. Friend’s argument, we must be vigilant and careful to ensure that should any changes be made, we are ready to support the local community.

Tom Blenkinsop Portrait Tom Blenkinsop (Middlesbrough South and East Cleveland) (Lab)
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The Minister has already said that he will talk to Gary Klesch and the Klesch group very soon, but will he also extend that courtesy to trade unions prior to meeting the Klesch group on the issue? Secondly, given that Tata has made this announcement about 50% of its European operations, which are primarily based in the UK, will the Minister also talk to Tata about its future developments in strip and tube? These types of decisions obviously lead to uncertainty, and we do not want to be here again in a few years’ time.

Matt Hancock Portrait Matthew Hancock
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I commend the hon. Gentleman for the tone of his question, and he is absolutely right. We are having those conversations—the Business Secretary is in India as we speak having those conversations with Tata. Tata also has big strip product operations in the Netherlands, but the other announcement it has made on investment in Port Talbot demonstrates its commitment to steel in the UK.