Brexit ends safeguards against cheap steel imports
Measures have been in place since 2018 when the UK was part of the EU, and were extended as part of the*Brexit*transition period.
But they are due to expire next month prompting fears among producers of a flood of metal from abroad.
The British regime sets tariff-free quotas for a range of steel products based on 2015-2017 levels of imports.
UK Steel believes the US and EU will extend their safeguards and want International Trade Secretary Liz Truss to do the same for Britain. To do otherwise would unilaterally expose the UK market to significant increases in imports at a time when the steel sector, like the rest of the economy, is in the process of recovery.