Iron and Steel: Imports
The question
To ask the Secretary of State for Business and Trade, pursuant to Answer of 2 February 2026 to Question 109496 on Iron and Steel: Imports, what recent steps he has taken to help increase the availability of UK-produced (a) crude, (b) semi-finished and (c) finished steel.
Answered by Chris McDonald
This government has committed up to £2.5 billion to the sector, in addition to the £500m for Port Talbot and a £400 million increase to the investment at Sheffield Forgemasters, as well as cutting electricity costs, changing procurement rules and working to protect our industry from unfair competition.
The steel strategy, to be published in early 2026, will set out a vision for a competitive sector with increased UK based production.
These measures benefit producers across the steel supply chain, although in many cases production of crude, semi-finished and finished steel will exist within the same company and site.
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