Iron and Steel: Imports
The question
To ask the Secretary of State for Business and Trade, whether he has made an assessment of the potential impact of trends in the level of imports of bright steel bar on (a) the viability of UK bright drawing businesses and (b) levels of (i) business closures, (ii) administrations, (iii) deactivation of production and (iv) production in the sector since 2021.
Answered by Chris McDonald
In 2021, the Trade Remedies Authority (TRA) conducted a transition review of the steel safeguard measure which is applied via tariff-rate quotas. The TRA recommended maintaining protections on steel categories only where justified; bright steel bar (category 27) was among the product categories where evidence did not support continuation of the safeguard. The Secretary of State at the time accepted the TRA’s recommendation.
The UK’s trade remedies system is industry led. Where UK industry believe they are being injured, or there is the threat of injury, from unfair foreign trade practices, I encourage UK industry to engage directly with the TRA. I am not aware of any current applications to the TRA from category 27 producers.
The Department continues to closely monitor market trends and engage with the steel industry to identify and address any significant developments affecting producers and supply chains. The sector is facing a challenging and uncertain global landscape due to significant steel overcapacity. We are therefore developing robust new measures in light of the steel safeguard expiring at the end of June 2026.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →