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Steel Industry (Special Measures) Bill

My hon. Friend is absolutely right. In this debate, we need to remember that 95% of our rail infrastructure is made by British Steel. British Steel also supplies three quarters of every major construction project in this country. Thanks to the Chancellor, we are about to invest £10 billion in the rearmament of this country; much of what we need to put in place will be made by British Steel. How can we afford to let British Steel go out of business today? How can we vote against the Bill? British Steel is not simply a pillar of British industry: it is a cornerstone of our economic security.