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1697903

registered interest
date	21/03/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Iron and Steel: China
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, if she will make an assessment of the potential (a) impact of trends in the level of Chinese steel exports in the first two months of 2024 on the UK steel industry and (b) merits of taking additional steps to help protect the industry from potential global oversupply pressures.
tabling member constituency	Slough
tabling member printed	Mr Tanmanjeet Singh Dhesi
uin	19932
answer	answer is ministerial correction date of answer 26/03/2024 answer text <p>HMRC Trade Information (<a href="https://www.uktradeinfo.com/trade-data/" target="_blank">www.uktradeinfo.com/trade-data/</a>) currently provides data up to and including January 2024. In the first month of 2024, China represented c.6% of all UK steel imports in volume terms.</p><p>We recognise that global economic conditions continue to be challenging for the steel industries across the globe.</p><p>This is why we have put in place a robust trade remedies framework to provide appropriate protection for domestic industries, including steel, against surges of imports and unfair practices. The UK has 10 anti-dumping and anti-subsidy measures on 8 different steel products from China.</p><p> </p><p>This year, the UK is chairing the Global Forum on Steel Excess Capacity, which seeks to find shared international solutions to the issue of over-capacity.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani question first answered 26/03/2024 16:56:14 answering member 4460 label Biography information for Ms Nusrat Ghani
tabling member	4638 label Biography information for Mr Tanmanjeet Singh Dhesi

1697904

registered interest
date	21/03/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Iron and Steel: China
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what steps her Department is taking to help support (a) sustainable growth and (b) competitiveness of the steel sector in the context of recent trends in the level of Chinese steel exports.
tabling member constituency	Slough
tabling member printed	Mr Tanmanjeet Singh Dhesi
uin	19933
answer	answer is ministerial correction date of answer 26/03/2024 answer text <p>Our support to the UK steel sector is clear, we have introduced effective safeguards against non-market economies, helped public projects procure more UK made steel and we are launching the British Industry Supercharger to bring energy costs closer in line with those charged across the world’s major economies.</p><p>This Government has agreed a £500m grant as part of a larger £1.25bn commitment by Tata Steel to transform and secure a sustainable future at their Port Talbot works. We have also offered a generous support package to British Steel.</p><p>More widely, the UK has a highly skilled workforce, a supportive tax and business environment which is more competitive than our EU neighbours, an increasingly decarbonised energy grid for green steel, and plentiful supplies of steel scrap.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani question first answered 26/03/2024 16:58:37 answering member 4460 label Biography information for Ms Nusrat Ghani
tabling member	4638 label Biography information for Mr Tanmanjeet Singh Dhesi