Following BREXIT the UK retained the EU steel safeguard measures that were in existence and adopted them as if they were new UK quotas and tariffs limiting the import of certain steel products. These safeguard measures limit the amount of certain steel products that can be imported into the UK each quarter and beyond these limits a 25% tariff is applied. These safeguard measures are set to end at the end of June 2021 and the UK’s Trade Remedies Investigations Directorate (TRID) will be assessing whether these steel safeguard measures are suitable for the UK market. Following this review, the TRID will make a recommendation to the Trade Secretary who will either accept or reject their recommendation.
Some parts of the constructional steelwork sector are lobbying TRID to retain the safeguard measures and BCSA has been asked for its views. I am therefore asking members for their views on what should happened to the safeguard measures. Further information is given in the attached AMM
Dr David Moore