Steel Industry

Wales – in the House of Commons at on 24 May 2023.

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Photo of Stephen Kinnock Stephen Kinnock Shadow Minister (Home Office) (Immigration)

What steps he is taking to support the steel industry in Wales.

Photo of James Davies James Davies The Parliamentary Under-Secretary of State for Wales

Steel is vital to the UK. We are actively engaging with our industry to secure a positive and sustainable future. Industrial sectors, including steel, have been able to bid for Government funds worth more than £1 billion to support them to cut emissions and become more energy efficient.

Photo of Stephen Kinnock Stephen Kinnock Shadow Minister (Home Office) (Immigration)

The Governments of the United States and the EU have developed active industrial strategies, with multi-billion-pound investments to support their steel industries as they transition to green steel production. Here in the UK, the cavalry is coming in the form of a Labour Government and our £3 billion green steel fund. What a contrast with the Government party, which is completely and utterly asleep at the wheel on steel. When will the Secretary of State start standing up for our proud Welsh steel industry? When will he get his colleagues in Cabinet to wake up to the fact that we are losing the race for green steel investment?

Photo of James Davies James Davies The Parliamentary Under-Secretary of State for Wales

The hon. Member will be aware that the Secretary of State for Business and Trade visited Tata Steel in Port Talbot only recently. That shows her commitment to it. He will also be aware of the British Industry Supercharger announced only a few months ago, which aims to bring energy costs for energy-intensive industries such as steel production in line with those of other similar countries.