15:41 Jeremy Corbyn (Other)

Actually, the trade defence arrangements that have been in place have had a significant impact on the dumping of steel. Of course everybody recognises the importance and impact of the overcapacity of steel in China, and the Government have taken a number of steps to reduce the costs in relation to climate change and energy for the steel industry—more than £100 million has now been made available to the steel industry as a result of that. We have ensured that other factors can be taken into account when people are looking at procurement of steel—social and economic factors can be taken into account. On the trade defence arrangements that take place in Europe, we think, yes, we should ensure that we are looking at the impact on producers, but we also need to look at the impact on consumers. What we call for is a balance in dealing with these issues.

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