UK Seeks Views on Further Trade Protections for Steel
The UK government has launched a six-week Call for Evidence to gather views from the steel supply chain on future trade measures to protect the industry. This move comes after a recent deal with the US to lift steel tariffs, and as a key step in ensuring the continued protection of the UK steel industry. The Call for Evidence aims to shape new, future-ready trade measures that will strengthen the UK's critical supply chains and provide robust support for the industry.
Key Takeaways:
- The UK government has launched a six-week Call for Evidence to gather views from the steel supply chain on future trade measures.
- The Call for Evidence aims to shape new, future-ready trade measures that will strengthen the UK's critical supply chains and provide robust support for the industry.
- The current UK steel safeguard measure ends in June 2026 and cannot be extended.
- The government has secured a trade deal with the US to remove tariffs on steel products and protect jobs.
- The deal includes a £500 million grant to secure the transformation of Port Talbot steelworks, a £2.5 billion investment pledged to rebuild the sector, and action to safeguard British Steel's blast furnaces at Scunthorpe.
- The UK Steel Director General, Gareth Stace, welcomes the government's development of a new steel trade defence mechanism, and notes that the industry needs a new trade defence system to provide market stability and investment in the UK steel sector.
- The Community Assistant General Secretary, Alasdair McDiarmid, highlights the importance of trade protections for the steel industry, providing essential security and safeguarding thousands of jobs across the UK.
Statistics:
- The Call for Evidence will run for six weeks, from [date] to [date].
- The UK steel safeguard measure ends in June 2026.
- The US tariffs on steel products range from 50% to 30 years.
- The £500 million grant will be invested in securing the transformation of Port Talbot steelworks.
- The £2.5 billion investment will be used to rebuild the sector.
- The UK steel sector employs thousands of people across the UK.
Sources:
- United Kingdom -- Government Statements Press release UK seeks views on further trade protections for steel (25 June 2025)
- GOV.UK (Government of the United Kingdom)