Kemi Badenoch (Conservative)

In 2020, Celsa Steel UK met all the necessary requirements to access such support, including as a key supplier to the construction industry. The Government agreed to provide support to the company, including with legally binding contractual conditions on employment, climate change, tax obligations, and corporate governance.

We have taken wide-ranging actions to support our UK steel industry more broadly. The British industry supercharger, announced in February 2023, will bring energy costs for energy-intensive industries, including steel companies like Celsa, in line with the world’s major economies. Industrial sectors, including steel, have been able to bid into several Government competitive funds to support energy efficiency and decarbonisation. We have updated the steel procurement policy note to create a level playing field for UK steel producers, and we have implemented a robust trade remedies framework to protect domestic industry as well as acting to resolve market access constraints on steel trade with the US and the EU.

I wish to praise the commitment of Celsa’s workforce and management who have transformed the company’s performance since the 2020 crisis. Our focus is now on working with all steel producers, and the wider steel sector, to ensure they continue to deliver high-quality employment and climate change action for the UK.

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