UK expected to reduce amount of steel it allows in tariff-free
Change being considered amid global glut driven by supplies from China along with a rise in protectionism The UK is expected to reduce the amount of foreign steel it allows in tariff-free, as the government looks to protect its domestic industry amid a global glut and a rise in protectionism.Ministers are considering changing the quota system that allows a quantity of the metal to be imported before imposing a 25% levy on anything above that level. Continue reading...
Change being considered amid global glut driven by supplies from China along with a rise in protectionism
The UK is expected to reduce the amount of foreign steel it allows in tariff-free, as the government looks to protect its domestic industry amid a global glut and a rise in protectionism.
Ministers are considering changing the quota system that allows a quantity of the metal to be imported before imposing a 25% levy on anything above that level. Continue reading...
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