Department for Business, Energy and Industrial Strategy written question – answered on 22nd June 2022.
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to help ensure that the steel industry has a sustainable future.
The Government recognises the vital role the steel sector plays in our economy and has supported the steel sector extensively, including providing over £600 million since 2013 to help with electricity costs. In April the Government announced the extension of this scheme for a further three years; more than doubling the previous budget and significantly increasing the level of relief.
The Government will continue to work with the sector to support its transition to a sustainable future. My rt. hon. Friend the Secretary of State and I engage regularly with the sector, including through the Steel Council.
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