Iron and Steel: Manufacturing Industries
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to help ensure that UK downstream manufacturers who require steel that is not available in UK are not being placed at a significant disadvantage to their European counterparts.
Answered by Chris McDonald
Our aim with the new steel trade measure is to strike the right balance: securing the future of domestic capability while maintaining secure supply chains to make the UK economy more resilient in the long term.
Where this is not feasible for technical reasons, quota sizes are being set with the aim of allowing continued availability of goods to UK downstream users without unnecessary additional costs. The Government will monitor implementation of the measure and conduct a review after twelve months to ensure it remains effective and that the balance is right for both producers and downstream users.
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