A strong domestic steel industry is a strategic imperative for the UK
Today, May 21, I responded to the preliminary decision announced by Trade Remedies Investigations Directorate (TRID), following their review of the UK’s Steel Safeguards, to express my serious concerns about their proposals and the potentially devastating impact that such would have on the steel industry in Stocksbridge and across the UK should they be accepted in their present form.
I went on to strongly urge the TRID to reconsider the review’s findings and to recommend that our Steel Safeguards are retained for all 19 product categories. A strong domestic steel industry is vital for the UK’s future; for our security, our economy, our environment, and for jobs and livelihoods in places like Stocksbridge.
Every sovereign nation has the right to protect and nurture its key industries, and the European Union and the United States continue to retain safeguards for their own steel manufacturers. It would be highly damaging – and completely unjustifiable – to remove this protection from our own UK steel producers at a time when the future of the industry is hanging in the balance.
I have also raised my concerns with the Secretary of State for International Trade, Liz Truss.
My letter to TRID can be found below