Steel Industry Debate in the House of Lords

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Steel industry garners support in House of Lords

 

Lord Mendelsohn prompted a debate in the House of Lords yesterday asking Her Majesty's Government what steps they are taking to support the steel industry; and what role it will have in the Government's industrial strategy. During his opening remarks he said, “The industry is in good shape but the policy and regulatory environment is not, and this is where we must focus. We are in times where we can make changes.”

 

In conclusion the Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Prior of Brampton) said, “We are committed to a strong manufacturing base in this country and steel is a vital part of a long-term supply chain for many industries. You cannot build a manufacturing base buying on a spot basis from overseas. That is not a viable way of securing that. So I am optimistic about the future.”

 

The full debated is available for download.

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