Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent progress he has made on a steel sector deal; and if he will make a statement.
Government remains committed to a strong steel industry. We are actively working with UK Steel to pursue a sector deal whilst in parallel also discussing the investment plans of individual companies to enable them to secure a sustainable future.
We have commissioned independent research which has identified future domestic market opportunities for the UK steel sector worth an additional £3.8 billion per year by 2030. We are actively encouraging the UK steel sector to come forward with their plans to exploit these opportunities and improve their competitiveness. .
We will continue to work closely with the sector, their supply chain, the trade unions, and the devolved administrations.