UK Steel: Government Infrastructure Projects

Part of Treasury – in the House of Commons on 27th April 2021.

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Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary, Minister for Equalities

There are global challenges in the steel industry, with vast overcapacity and supply outstripping demand. However, the Government have supported the steel sector extensively, including providing more than £500 million in recent years to help with the cost of energy. Our unprecedented package of covid support is still available to the sector to protect jobs and ensure that producers have the right support during this challenging time.