Steel Safeguards

Part of the debate – in the House of Commons at 12:43 pm on 29th June 2022.

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Photo of Bill Esterson Bill Esterson Shadow Minister (Business and Industrial Strategy) 12:43 pm, 29th June 2022

Leaving it until the last minute to announce the renewal of safeguards denies UK steel producers certainty. Certainty matters if they are to secure investment, and investment matters in an industry that is strategically important for our economic and national security. The Secretary of State has talked a lot about clean steel. If she wants to demonstrate that the Government really do back investment in moving to clean steel, will she tells us whether they will provide the certainty needed by businesses, workers and steel communities and match Labour’s commitment to a £3 billion green steel fund?