32
Not Addressed
Given that global steel markets continue to be heavily distorted by state subsidisation and that...
Conclusion
Given that global steel markets continue to be heavily distorted by state subsidisation and that the EU and the US continue to apply tariffs on imported steel, the UK requires a response from Government regarding potential trade divergence towards UK markets and significant injury to UK steel producers.
Government Response Summary
The government's response is boilerplate text about BEIS and the British Business Bank, failing to address the conclusion about global steel market distortions and the need for a government response to trade divergence.
Paragraph Reference
158
Government Response
Not Addressed
Government Response
Not Addressed
HM Government
Not Addressed
33. We welcome the Committee’s acknowledgment that BEIS acted properly in this matter, and that the British Business Bank rightly operated independently and made decisions in accordance with its own procedures and practices.
Source
Committee
Business and Trade Committee
Report
Fourth Report - Liberty Steel and the future of the UK steel Industry
05 Nov 2021
HC 821
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age
4.7 yrs
Report published
05 Nov 2021