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Great Britain - Latest news GMK Center

Photo – UK unveils draft legislation on CBAM
UK unveils draft legislation on CBAM

The documents are published to gather feedback from stakeholders

Photo – UK to expand support for exporters amid tariff shocks
UK to expand support for exporters amid tariff shocks

This decision increases the lending capacity of the government agency UK Export Finance

Photo – UK to take emergency control of British Steel
UK to take emergency control of British Steel

Special powers granted to the government to save primary steel production in the country

Photo – UK steel market: importers to brace themselves
UK steel market: importers to brace themselves

Declining domestic steel production and anticipated growth in demand offer good opportunities for overseas suppliers

Photo – British government to support steelmakers by reducing electricity costs
British government to support steelmakers by reducing electricity costs

The country continues to develop a government plan of changes for the industry

Photo – UK Steel has applied for review of overseas tariff quotas
UK Steel has applied for review of overseas tariff quotas

Industry association cites changed circumstances

Photo – UK considers linking its ETS to the EU carbon market
UK considers linking its ETS to the EU carbon market

Currently, prices in the UK emissions trading system are significantly lower than in Europe

Photo – UK Steel offers affordable electricity solutions for steelmakers
UK Steel offers affordable electricity solutions for steelmakers

Industry association calls for introduction of bilateral contract for difference mechanism

Photo – UK TRA to review steel import exemptions for developing countries
UK TRA to review steel import exemptions for developing countries

The investigation will cover the period from January 1 to December 31, 2024

Photo – The British government reaffirmed its commitment to support the steel industry
The British government reaffirmed its commitment to support the steel industry

Government launches consultation plan for steel industry

Photo – The UK will try to avoid US tariffs on steel and aluminum
The UK will try to avoid US tariffs on steel and aluminum

London argues the importance of its products for the US defense and manufacturing industries

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