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1611482

registered interest
date	17/04/2023
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	Clean Steel Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what her timeframe is for the establishment of the Clean Steel Fund; and if she will make a statement.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	181110
answer	answer is ministerial correction date of answer 20/04/2023 answer text <p>The Government recognises the vital role that the steel sector plays across the UK economy. We will continue to work with the sector to support its decarbonisation efforts and we have already established various funding schemes such as the Industrial Energy Transformation Fund (IETF) and the Industrial Decarbonisation and Hydrogen Revenue Support (IDHRS) in this regard.</p><p> </p><p>A decision on the Clean Steel Fund has not yet been taken as we are continuing to work with the sector to understand its decarbonisation investment plans.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani grouped question UIN 181112 question first answered 20/04/2023 16:44:57 answering member 4460 label Biography information for Ms Nusrat Ghani
tabling member	4061 label Biography information for Bill Esterson

1611483

registered interest
date	17/04/2023
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what assessment his Department has been made of the (a) impact of potential severe disruption in the global supply chain for steel on the economy and (b) importance of the UK steel industry to the UK's economic security.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	181111
answer	answer is ministerial correction date of answer 20/04/2023 answer text <p>We actively monitor global trade in steel and potential risks to supply chains, and we are fully aware of the difficult conditions and structural overcapacity that are currently facing the global steel industry.</p><p> </p><p>Along with considering a wide range of data on international markets, we are active participants in a number of international fora, that are focused on ensuring consistent and secure supplies of steel. This includes the Organisation for Economic Co-operation and Development (OECD) Steel Committee and the Global Forum on Steel Excess Capacity.</p><p> </p><p>Steel is a fundamental material across a wide range of manufacturing and construction sectors. The Government recognises the vital role the UK steel sector provides in the UK economy.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani question first answered 20/04/2023 16:53:09 answering member 4460 label Biography information for Ms Nusrat Ghani
tabling member	4061 label Biography information for Bill Esterson

1611484

registered interest
date	17/04/2023
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	Clean Steel Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what consultation her Department has undertaken with businesses and trade bodies on the establishment of the Clean Steel Fund.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	181112
answer	answer is ministerial correction date of answer 20/04/2023 answer text <p>The Government recognises the vital role that the steel sector plays across the UK economy. We will continue to work with the sector to support its decarbonisation efforts and we have already established various funding schemes such as the Industrial Energy Transformation Fund (IETF) and the Industrial Decarbonisation and Hydrogen Revenue Support (IDHRS) in this regard.</p><p> </p><p>A decision on the Clean Steel Fund has not yet been taken as we are continuing to work with the sector to understand its decarbonisation investment plans.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani grouped question UIN 181110 question first answered 20/04/2023 16:44:57 answering member 4460 label Biography information for Ms Nusrat Ghani
tabling member	4061 label Biography information for Bill Esterson