The UK has suspended tariffs on the HRS import from Ukraine

The UK’s Trade Remedies Authority (TRA) has suspended tariffs on imports of hot-rolled flat coiled steel (HRFC) from Ukraine. SteelOrbis reports about it.

Customs tariffs of around £50/t stopped functioning on 31 August 2022 for the next 9 months. The temporary suspension of tariffs can be extended if necessary.

The TRA opened an investigation into the suspension of anti-dumping customs tariffs on imports of Ukrainian steel in June 2022.

The relevant decision of the authorities was based on the recommendations of the TRA, which insisted on the abolition of tariffs. After assessing the impact of Ukrainian imports on British industry, the TRA found no evidence that the suspension would harm local producers.

As GMK Center reported earlier, the UK canceled all duties and quotas on Ukrainian goods established by an agreement between Ukraine and the UK during Ukraine’s accession to the WTO.

In 2021, Ukraine exported of products to the UK worth $1.1 billion, which is 62.4% more than in 2020.

Among the key items of export are ferrous metals (26.6% of the total volume of exports), fats and oils (16.6%), seeds and fruits of oleaginous plants (15.1%), cereals (13.4%), electrical cars (7.5%).

Later the United Kingdom considerіng abolition of anti-dumping tariffs on certain types of metal products from Ukraine amid Russian invasion. Duties can be abolished for 9 months on hot-rolled flat and rolled products.

  • Companies

BYD has chosen voestalpine as its steel supplier for its Hungarian car plant

Chinese car manufacturer BYD has signed a strategic cooperation agreement with leading European steel producer…

Sunday June 29, 2025
  • Companies

Tenaris has begun construction of its second wind farm in Argentina

Tenaris has announced the start of construction of its second wind farm in Argentina, La…

Saturday June 28, 2025
  • Companies

Metinvest has created protective armor for Patriot air defense systems

As part of the Steel Front initiative, Metinvest Group has manufactured and installed special protective…

Saturday June 28, 2025
  • Companies

Arvedi Group raises €900 million to expand production and decarbonize

Italian steel company Arvedi Group has raised €900 million in financing to implement a large-scale…

Friday June 27, 2025
  • Global Market

Domestic demand for steel in China continues to fall

Domestic demand for steel in China, according to market participants' estimates, continued to fall in…

Friday June 27, 2025
  • Industry

Construction works performed in Ukraine in January-April fell by 13% y/y

The index of construction work performed in Ukraine in January-April 2025 decreased by 13% compared…

Friday June 27, 2025