protective measures - Latest news GMK Center

Review initiated at the request of Tata Steel UK

China, Brazil, South Africa and India requested that the topic be included in the COP29 agenda

Protectionist measures and high import tariffs have caused costs to rise in a number of industries

This step will allow anti-dumping duties to be levied retroactively if necessary

The industry is experiencing its worst period since the financial and economic crisis of 2009

The country's steel industry is vulnerable to trade diversion

Complex trade measures are needed to solve the problem, the association believes

Currently, the country faces dumping and unfair pricing

Material shortages may occur if demand and consumption improve

Safeguards protecting the UK sector from trade diversion will expire in 2026

The government of the country published the final list of products from China, which will be subject to an additional duty of 25%

Pipe producer Zekelman Industries joined the statement