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Great Britain - Latest news GMK Center

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

Photo – British industry points to problems with government decarbonization policy
British industry points to problems with government decarbonization policy

The business also asks to improve the British CBAM and mitigate the consequences of the introduction of this mechanism in the EU

Photo – UK steel industry needs to reduce electricity costs – UK Steel
UK steel industry needs to reduce electricity costs – UK Steel

The issue should be one of the first challenges for the Steel Industry Council

Photo – UK lifts safeguard measures on imports of cold-rolled steel products
UK lifts safeguard measures on imports of cold-rolled steel products

The review was initiated last year at the request of Tata Steel UK

Photo – British government launches a review of the country’s steel capacity
British government launches a review of the country’s steel capacity

This was one of the first steps of the newly created Steel Industry Council

Photo – The UK government has created a steel industry council
The UK government has created a steel industry council

Council established to advise on future strategy for the industry

Photo – British steelmakers call to buy local steel for wind energy
British steelmakers call to buy local steel for wind energy

Only 2% of the steel used in offshore wind projects over the past five years has been produced in the UK

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