Iron and Steel: Manufacturing Industries

(asked on 19th October 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 recent progress he has made on a steel sector deal; and if he will make a statement.


This question was answered on 24th October 2018

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.

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