UK Trade Authority Probes Steel Import Quotas
The UK's Trade Remedies Authority launched reviews on steel safeguard measures amid Tata Steel's proposal to close blast furnaces in Port Talbot, Wales, prompting concerns over import quotas and tariffs.
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The UK's Trade Remedies Authority launched reviews on steel safeguard measures amid Tata Steel's proposal to close blast furnaces in Port Talbot, Wales, prompting concerns over import quotas and tariffs.
The latest steel news coming out of the UK details ongoing issues due to Port Talbot's carbon reduction plans and Chinese imports.
Extension review finds imports would likely increase if the safeguard measure were to expire and serious injury to the UK's steel industry would likely recur.
The Government has on 29 August accepted the Trade Remedies Authority’s (TRA) final recommendation to maintain anti-dumping and countervailing measures on imports of Hot Rolled Flat and Coil steel.
TRA reviews measures on two steel products and suspension for Ukraine -