Protections on UK Hot Rolled Flat and Coil steel to be kept
Anti-dumping and countervailing measures on imports of Hot Rolled Flat and Coil steel will be kept until 2027, following the TRA's recommendation.
The Government has today (Tuesday 29 August) accepted the Trade Remedies Authority’s (TRA) final recommendation to maintain anti-dumping and countervailing measures on imports of Hot Rolled Flat and Coil steel.
Keeping these measures in place until at least 2027 will help to protect the UK’s steel industry from unfair competition, as Hot Rolled Flat and Coil commonly used as a raw material for other types of steel and making up almost a third of all steel production globally.
The TRA proposed in March that anti-dumping and countervailing measures on imports from China and anti-dumping measures on imports from Russia, Brazil and Iran be maintained until at least 2027.
However, the TRA recommended that anti-dumping measures on imports from Ukraine be revoked, as it concluded that dumping of products from Ukraine was unlikely to recur, due to reduction in Ukraine’s production capacity and limits on the ability to export caused by the war with Russia. The TRA also took into account Ukraine’s requirement to rebuild steel production facilities and domestic demand for steel to rebuild the country’s infrastructure.
The anti-dumping and countervailing measures on Hot Rolled Flat and Coil steel from China will be kept at the existing rates until 7 April 2027, while the anti-dumping measure on imports from Brazil, Iran & Russia will be kept at the existing rates until 7 October 2027. The UK export ban on all imports from Russia due to the war in Ukraine also extends to Hot Rolled Flat and Coil steel.
Notes to editors:
- The TRA is the UK body that investigates whether trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports. Trade remedies are usually applied at the border as a duty on imports.
- Trade remedy investigations were carried out by the EU Commission on the UK’s behalf until the UK left the EU. Over 40 EU trade remedy measures of interest to UK producers were transitioned into UK law when the UK left the EU and the TRA is currently reviewing each one to check if it is suitable for UK needs.