14:50 Nicholas Dakin (Labour)

Steel is one of the most productive industries, and its productivity has increased massively over the last 20 years. It is also a hugely sustainable industry. Steel is highly recyclable—one of the most recyclable products. We may be able to do more to ensure that we recycle all our steel and use the best of what we have got, but steel made in the UK reduces the carbon footprint of production, so it is a sustainable product. If we are forced to import our steel from outside the UK, that will affect our ability to reduce our carbon footprint. The upsurge in desire to do better on tackling climate change is another reason why we need our own independent steelmaking capacity. That is incontrovertible and irresistible.

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