British Steel
Commons · Question 114528 · Tabled 20 Feb 2026 · Department for Business and Trade · Official record
Answered 26 Feb 2026
Question
Asked by Joshua Reynolds
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the EU's Carbon Border Adjustment Mechanism on British Steel's export competitiveness during the period of special measures.
Answer
Answered by Chris McDonald, 26 Feb 2026
HMG regularly engages British Steel and wider industry to understand the impact of the EU CBAM. UK businesses may face administrative costs providing emissions data to EU importers to support their compliance with the EU CBAM. The cost of certificates for...