Department for Business and Trade written question – answered at on 23 June 2026.
Ann Davies
Plaid Cymru, Caerfyrddin
To ask the Secretary of State for Business and Trade, how many applications his Department has received from the steel companies requesting investment from the Steel Fund for steel sites in Wales, and the total amount allocated.
Chris McDonald
Parliamentary Under-Secretary of State (Department for Energy Security and Net Zero), Parliamentary Under-Secretary of State (Department for Business and Trade)
The Government is providing up to £2.5bn to support the UK steel industry, in addition to the £500m grant to Tata Steel in Port Talbot. This is being delivered through a combination of direct support for steel companies and the National Wealth Fund.
The Department for Business and Trade is not running a competitive steel fund and has not sought or received applications from steel companies of this nature. We continue to engage with Tata Steal on its Electric Arc Furnace project in Port Talbot, and companies in Wales seeking investment can contact the National Wealth Fund.
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Secretary of State was originally the title given to the two officials who conducted the Royal Correspondence under Elizabeth I. Now it is the title held by some of the more important Government Ministers, for example the Secretary of State for Foreign Affairs.
