Iron and Steel: Imports
The question
To ask the Secretary of State for Business and Trade, what assessment her Department has made of the potential impact of the 1 July 2026 implementation date for the steel trade measure on businesses with procurement lead times in excess of three months.
Answered by Chris Bryant
The new trade measure is being applied in response to significant threat of global steel overcapacity. The steel safeguard expired on 30 June under WTO rules. The UK cannot risk a gap in protection, which would see the loss of steelmaking in the UK and leave us dependent on overseas suppliers for our critical national infrastructure and defence sectors. In finalising the details of the measure, we listened to stakeholders across the supply chain. The Government will continue to engage with industry and actively monitor impacts, including through a review after 12 months. To ease potential short-term impacts, a transitional arrangement is available under which the new measure would not apply to goods agreed under contract before 14 March 2026 and imported between 1 July and 30 September 2026.
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