One thing that strikes me about these issues is this. As I said, these are global forces. The price of steel has halved. However, there seems to be a remarkable consensus from industry, unions, MPs and devolved Administrations about what could be provided as a buffer to help to safeguard the steel industry. The five asks from the industry are achievable and realistic and could be provided, but they have not been provided. It is a case of finding out from the Minister in her winding-up speech whether that will be the case.
The British steel industry is incredibly important as a foundation sector for much added value throughout our manufacturing base. If we lose the steel sector, we lose a large part of manufacturing. We cannot allow it to slide any further. We need to be acting. We needed to act years ago; we needed to act in the aftermath of SSI; and we certainly need to act now, in the light of further real trauma in the steel industry this week.
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