Iron and Steel: Quotas
The question
To ask the Secretary of State for Business, Innovation, Science and Trade, what assessment his Department has made of the potential impact of the implementation of the quota on the import of Stainless Steel and Mild Steel since 1 July 2026.
Answered by Department for Business, Innovation, Science and Trade
The Government is closely monitoring the utilisation of new quotas and is hearing feedback from affected businesses ahead of reviewing the measure in full after 12 months. As the measure is still in its first quarter and the transitional arrangement is in place, it is too early to draw firm conclusions about its impacts now. The Explanatory Memoranda to the legislation that implemented the measure set out the expected impacts on different sectors and businesses across the supply chain.
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