Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has discussed steps to support Welsh steel production with his Welsh Government counterparts.
Prior to Covid 19, the government had already begun to take wide-ranging action to support the UK steel industry, including compensation for energy costs, supporting innovation and clean steel production – through the £315m Industrial Energy Transformation Fund and £250m Clean Steel Fund, and working with the industry to introduce steel procurement guidance.
Since the outbreak, the government has announced a comprehensive package of support for businesses and workers to protect them against the current economic emergency.
They come alongside the more than £1.6 billion that has been allocated by the UK Government to help the Welsh Government meet this exceptional challenge.