Iron and Steel: Manufacturing Industries
The question
To ask the Secretary of State for Business and Trade, whether he has commissioned a cost-benefit analysis on providing additional support to prevent the closure of key strategic steel plants.
Answered by Sarah Jones
Our commitment to the steel industry remains unwavering. On Sunday 16 February we published a consultation on our Plan for Steel. Along with work already ongoing across Government, this will provide a clear evidence base on the needs of the steel sector and its customers. This work will ensure the best use of our funding commitment of up to £2.5bn to deliver change and unlock private investment, ensuring a bright and sustainable future for UK steelmaking.
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