Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Clean Steel Fund

Department for Business, Energy and Industrial Strategy written question – answered on 23rd March 2020.

Alert me about debates like this

Photo of Nadhim Zahawi Nadhim Zahawi Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

In August 2019, the Government announced a £250 million Clean Steel Fund to support the UK steel sector to transition to lower carbon iron and steel production, through investment in new technologies and processes. The Fund will help the sector towards achieving our target of net zero emissions by 2050 , by maximising longevity and resilience while harnessing clean growth opportunities.

Steel industry stakeholders provided positive responses to our recent Call for Evidence, which closed in November 2019. The Department is currently analysing responses to inform the scheme’s design, and as we develop the scheme, we will continue to engage closely with the sector to ensure that it meets the needs of businesses.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.