Iron and Steel

(asked on 8th June 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to support the UK steel sector following an increase in steel imports from non-EU countries since the start of the year.


This question was answered on 13th June 2018

We believe that multilateral action is the best way to resolve the problem of global overcapacity, and are working closely with the steel industry, the European Commission, and the G20 Global Forum on Excess Capacity to ensure overcapacity in the steel market is tackled on an international basis.

In addition, to support of the UK steel sector the Government is providing compensation to energy intensive manufacturers for the costs of renewables and climate change policies. To date, we have provided a total of £250m in compensation to the sector. The Government has also secured flexibility over the implementation of EU emissions regulations and ensured that social and economic factors can be considered when the Government procures steel.

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