Iron and Steel: Exports

(asked on 7th March 2022) - View Source

Question to the Department for International Trade:

To ask Her Majesty's Government what further steps they are taking to increase exports of steel.


This question was answered on 29th March 2022

The Department for International Trade recently published our refreshed Export Strategy with an action-led 12-point plan. We have introduced a whole new range of support measures to help exporters thrive in the global market, internationalising key trading sectors, and raising the UK’s exporting culture in the long-term.

Further to this, following two months of intensive discussions, the UK secured an expansive removal of Section 232 tariffs on UK steel and aluminium exports to the US on 22 March. The solution reached with the US is bespoke for the UK and reflects the needs and interests of our steel and aluminium industries.

From 1 June 2022, the US will replace its Section 232 tariffs on certain UK exports of steel and aluminium with “tariff-rate quotas” (TRQs). This re-opens tariff-free access to the US market back to levels before section 232 tariffs up to a specified volume. This will bring welcome relief to the UK steel and aluminium industries which support the jobs of around 80,000 people across the UK supply chain.

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