Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 16 January 2023 to Question 119981, whether he has made an assessment of the reasons for the change in the UK’s global ranking for steel production.
Over recent years, developing economies have expanded their steel sectors. As a result, developed economies have dropped down the global league table for steel production since 2008. The G20 Global Forum on Steel Excess Capacity (GFSEC) has identified that a significant proportion of the world’s excess steel capacity is coming from China, who provide a range of unfair subsidies and support to their steel industry.