Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether he has made an assessment of the potential impact of the removal of tariff rate quota safeguarding measures for bright steel bar (category 27) in 2021 on UK producers; and whether he plans to re-introduce safeguarding measures for that product as part of the current review of steel safeguards before their expiry in June 2026.
In 2021, the Trade Remedies Authority (TRA) conducted a transition review of the steel safeguard measure which is applied via tariff-rate quotas. The TRA recommended maintaining protections on steel categories only where justified; bright steel bar (category 27) was among the product categories where evidence did not support continuation of the safeguard. The Secretary of State at the time accepted the TRA’s recommendation.
The UK’s trade remedies system is industry led. Where UK industry believe they are being injured, or there is the threat of injury, from unfair foreign trade practices, I encourage UK industry to engage directly with the TRA. I am not aware of any current applications to the TRA from category 27 producers.
The Department continues to closely monitor market trends and engage with the steel industry to identify and address any significant developments affecting producers and supply chains. The sector is facing a challenging and uncertain global landscape due to significant steel overcapacity. We are therefore developing robust new measures in light of the steel safeguard expiring at the end of June 2026.