Iron and Steel: Recycling
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to increase domestic processing capacity for steel scrap.
Answered by Chris McDonald
The Government recognises that the UK steel industry's shift towards electric arc furnaces will elevate the importance of high-quality scrap as a material for UK steelmaking. The Government is committed to working with the supply chain to generate the conditions for growth and we are actively listening to the perspectives of all involved parties. Companies can also approach the National Wealth Fund, which has a remit to invest in the steel supply chain, in line with its investment principles.
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