Iron and Steel: Import Duties
The question
To ask the Secretary of State for Business and Trade, with reference to the UK Steel Strategy, whether he has made an assessment of the potential impact of tariffs on fabricated steel on levels of demand for steel fabricated in the UK.
Answered by Chris McDonald
The Government took into account a range of different factors alongside extensive engagement with producers and downstream users to inform the design of the trade measure. This included considerations around the scale of UK demand, production, capacity and recent trade levels.
We have sought to find the right balance between enabling imports to flow whilst retaining steel making in the UK, as that is under existential threat.
We are conscious that the UK steel supply is complex and interconnected. At this stage, the measure is not intended to cover any other metals or fabricated products. We will continue to monitor the measure and engage with businesses. We will review the measure after 12 months.
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