Iron and Steel: Import Duties
The question
To ask the Secretary of State for Business and Trade, what impact assessment he has published of his decision to impose a 50% tariff on out-of-quota steel imports on July 1st 2026.
Answered by Chris Bryant
The new steel measure has been designed to strike a careful balance between supporting domestic steelmaking and maintaining secure, reliable supply, given the importance of the sector to critical national infrastructure and defence. This has been informed by extensive engagement across the supply chain, including a Call for Evidence in 2025. We will continue to monitor the impacts and review the measure after 12 months to ensure the balance is right between producers and downstream users of steel.
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