Jim Shannon

Jim Shannon

Democratic Unionist Party — Strangford

Speaking in the House of Commons on 16 October 2024

Debate

Steel Industry

Contribution

It is a pleasure to serve under your chairship, Mrs Harris. It seems like only a few minutes ago that you were chairing the last debate yesterday in Westminster Hall, and here you are again. I commend you on your perseverance and obviously on the fact that you do not need any sleep at all to look fresh and well—well done. First, I thank the hon. Member for Boston and Skegness (Richard Tice) for leading today’s debate. As he always does, he set the scene in a very admirable way, underlining his concerns, which many of us in this Chamber share as well. There is no doubt that this is an incredibly important debate not just for myself but others, and we need to discuss these matters. Looking at the steel industry in the UK over the years, it dates back as far as the 17th century when steel production was initially established. Steel was traditionally used for larger projects such as bridge building and weight-bearing items like rail tracks—the hon. Member referred to the trains and rails in India. In 2020, steel contributed some £2 billion to our economy and was responsible for 0.1% of the total UK economic output. Jumping forward to 2023, the latest reports show that UK steel production and demand plummeted to new historic lows of 5.6 million tonnes and 7.6 million tonnes respectively, which fall well below the levels seen at the peak of the pandemic in 2020. That is unfortunately quite discouraging. I should have said at the start, and I apologise for not doing so, that it is nice to see the Minister in her place—I wish her well. She was telling me earlier in our conversation on the way to the hall that she has dual responsibilities. I very much look forward to her response to our inquiries. Everybody’s wish in this Chamber is to see the steel industry secured. It is also nice to see the shadow Minister, the hon. Member for Mid Buckinghamshire (Greg Smith), in his place, and I look forward to his constructive contribution.

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