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Written question asked by Julian Sturdy (Conservative) on Tuesday, 6 September 2022, in the House of Commons. It was due for an answer on Thursday, 8 September 2022. It was answered by Graham Stuart (Conservative) on Friday, 23 September 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Iron and Steel: Energy

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of rising energy prices on steel manufacturers.

Answer

Through close engagement with the steel industry, the Government is acutely aware of the continued pressure on steel companies because of high energy and raw material costs.

The Government remains determined to secure a competitive future for energy intensive industries (EIIs) such as steel, providing them with extensive support, including over £2 billion to help with the costs of energy and to protect jobs.

The recently-announced Energy Bill Relief Scheme ensures that all businesses and other non-domestic customers are protected from excessively high energy bills over the winter period. A review of the scheme, to be published in three months, will identify the most vulnerable non-domestic customers and how the government will continue assisting them with energy costs after the initial six months.


Secondary information

Type
Written question
Reference
48318
Session
2022-23
Subjects
Energy Iron and steel Manufacturing industries Prices
Link
View this Written question on www.parliament.uk