Under the new regime, the UK will reduce total duty-free steel import quotas by 51 percent. compared to 60 percent in the initial announcement, and impose a 50 percent tariff on imports exceeding quota limits, as reported by SteelOrbis</p>
UK Steel welcomes the final framework
UK Steel stated that the final quota regime reflects extensive discussions between the government, steel producers and refineries. According to the association, the new structure provides greater confidence for many British steel producers and, in some cases, has already helped attract investment, increase capacity utilization and support expansion plans across the sector.UK Steel said that this measure is particularly important at a time when global steel markets continue to suffer from subsidized overproduction, especially from China, and stressed that effective trade measures are needed to support domestic production, employment and investment.
Concerns remain about some products in the categoryp> Despite the approval of the overall structure, UK Steel said it remained concerned about the handling of certain product categories. The association said the final arrangements for galvanized steel, packaging steel, hollow profiles and some wire products leave parts of the UK steel supply chain exposed to continued import pressure. He also called for greater clarity on future quota volumes as domestic steel production capacities recover and expand. Peter Brennan, director of trade and economics at UK Steel, said the final quota arrangements represented a missed opportunity in several areas and warned that some parts of the UK supply chain would continue to be subject to heavily subsidized imports. He also noted that the Ministry of Business and Trade has more than tripled Vietnam's quotas for galvanized steel. Tata Steel UK requires further changes Rajesh
