Richard Tice

It is exactly seven years since I started calling for British Steel at Scunthorpe to be taken into public ownership. The Conservatives rejected my splendid advice, and the chaos we have seen is a result of that. In opposing this Bill, they show that they do not care about the sovereign nature and importance of steelmaking, they do not care about the thousands of highly-skilled jobs, and they do not care about the communities and families around them—they have no understanding of its importance. I congratulate the Secretary of State and the Minister for Industry on bringing forward this Bill—the first from the King’s Speech to be debated on Second Reading. I told the Secretary of State’s predecessor that he should show some cojones and get on with it, and I think that is what we are now seeing. Alongside this support from the Secretary of State, we now need to see the vision and the plan for the long term. I am concerned that there is an attitude of, “We’ll quietly let the blast furnaces go cold and disappear, and then replace them with electric arc furnaces.” We need a big, bold vision to renew, reline and rebuild at least one blast furnace. Around the world, 50% of all new steelmaking capacity in the last five years has come from blast furnaces. It is the strongest, most robust primary steel. I know that the Minister of State is a great fan of direct reduced iron, and he has a point there; nevertheless, we should not expose ourselves by putting all our bets on electric arc furnaces, when we know that the price of electricity is at a crisis high. We need diversity in this, rather like when my late grandmother would look at the desserts available for Sunday lunch and say, “Grandson, have a little bit of each.” When it comes to steelmaking, let us have a little bit of each. Let us have a bit of primary steel and a little bit of electric arc furnace steel, to ensure that we always retain those skills and recognise the importance of our sovereign steelmaking capability. I hope that the Minister and the Secretary of State will produce that vision and plan over the coming weeks, so that we can have confidence in those jobs and so that the communities can have confidence that steelmaking will be retained and invested in for the long term.