Tata Steelworks: Newport

Part of the debate – in Westminster Hall at 4:15 pm on 8th October 2019.

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Photo of Stephen Kinnock Stephen Kinnock Labour, Aberavon 4:15 pm, 8th October 2019

The Minister talks about this being a commercial decision, but it is absolutely clear that the underlying conditions for the British steel industry are completely undermined by the energy price disparity. Is he aware of the fact that it costs £50 per MWh in the UK, compared with £31 per MWh in Germany, a disparity of 62%? The disparity with French energy costs is 80%. The Minister cannot claim that this is a purely commercial decision; it is a commercial decision based on the utter failure of the British Government to deal with this energy price disparity.