PARLIAMENTARY WRITTEN QUESTION
Iron and Steel: Manufacturing Industries (11 October 2024)
Question Asked
To ask the Secretary of State for Business and Trade, what steps his Department is taking to support the steel industry.
Asked by:
Nigel Farage (Reform UK)
Asked by:
Nigel Farage (Reform UK)
Answer
The Government is developing a steel strategy in partnership with the steel sector and trade unions that will set out a long-term vision for a sustainable steel sector, which we plan to publish in Spring 2025.
We have committed £500mn to Port Talbot’s transformation and up to £2.5bn for steel which will be available through the National Wealth Fund and other routes to help rebuild the sector.
Answered by:
Sarah Jones (Labour)
18 October 2024
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