No deal Brexit would be a disaster for the UK steel industry and all the jobs it provides. That was the message from Tata Steel and other British steelmakers at a meeting that we as steel group MPs organised in Parliament today.
Trostre steelworks relies on trade with Europe, and so do our local automotive factories. So frictionless trade with EU countries is vital for jobs in both steel and companies in the supply chain.
A no deal Brexit would add at least 4% to the steel industry’s costs and put our steelworks at a huge competitive disadvantage. We will keep up pressure on the Government to rule out no deal and bring forward a plan that supports our steel and manufacturing sectors.