M

Member

Speaking in the House of Lords on 23 March 2026

Debate

UK Steel Strategy

Contribution

Building a brighter future for Britain’s steel has already begun. Today, UK Export Finance has signed a landmark financing deal with Nigeria, which is refurbishing two major ports. As part of that agreement, British Steel Ltd will supply 120,000 tonnes of steel billets for this work. That is a £70 million contract, the largest British Steel order that UKEF has ever backed, strengthening and sustaining Britain’s future as a steel-making nation.

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