British Steel
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to help protect (a) jobs and (b) supply chains which are dependent on British Steel.
Answered by Sarah Jones
Steel is a priority for this Government. As shown with the passing of the Steel Industry (Special Measures) Act on 12 April, this Government will not hesitate to take unprecedented steps to safeguard the future of steelmaking in the UK, protecting jobs, national security and supply chains.
Since the legislation was passed on 12 April, we have acted round the clock to secure the raw materials needed to keep the blast furnaces operating safely at Scunthorpe. British Steel, the UK’s only manufacturer of rail, has secured a new £500 million long-term supply contract with Network Rail, and the statutory redundancy consultation initiated by British Steel’s owners, Jingye, has been cancelled, removing the immediate risk to 2,700 jobs.
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