Iron and Steel: Wales

(asked on 5th July 2023) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government what sums they have spent on supporting the steel industry in Wales in each of the past five years.


Answered by
Earl of Minto Portrait
Earl of Minto
Minister of State (Ministry of Defence)
This question was answered on 18th July 2023

Industrial sectors, including the steel sector in Wales, have been able to bid into Government funds worth hundreds of millions of pounds to support energy efficiency and decarbonisation. In February, we announced the British Industry Supercharger – decisive measures to reduce energy costs for energy intensive industries, including steel, in line with those charged across the world’s major economies. We have provided extensive energy costs relief to the steel sector since 2013, including through the Energy Bill Relief Scheme. Steel producers will continue to receive support until 31 March 2024 through the Energy Bills Discount Scheme (EBDS).

Reticulating Splines