Great Britain

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UK ETS reform needs further development – UK Steel

Without strategic support from the government, steel industry will not be able to achieve its decarbonization goals

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UK will continue anti-dumping measures on thick sheet steel from China

The withdrawal of these measures could harm British producers, the TRA found

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UK Steel calls for faster implementation of UK CBAM

The association warns of a possible influx of large volumes of imports into the country

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The UK canceled countervailing measures on imports of bars from India

There is a minimal supply of these products from local producers on the UK market

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The UK extended the cancellation of the duty on the import of Ukrainian steel for one year

Protective measures regarding Ukrainian imports of flat and coiled steel products have been suspended since August 2022

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The UK introduced sanctions against Russian MMK and Severstal

Severstal also fell under the new sanctions of Australia

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Negotiations between Tata Steel and the UK regarding financial support are ongoing

The parties are still considering the request for an aid package

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The UK will require reporting on the origin of steel in government projects

State projects in the country in 2020-2021 used steel worth £640 million

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UK Steel supported consultations on the UK CBAM

Costs of British steel producers on carbon emissions in 2022 amounted to approximately $148 million

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The UK starts consultations on its own analogue of CBAM

The UK and the EU will strengthen the coordination of mechanisms for carbon adjustment of imports

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Th UK’s Barrett Steel has acquired Aartee Bright Bar

The deal did not include the business of hot rolled products

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