UK to Implement New Steel Import Rules from July 2026, Quotas Cut by 60%
2026-06-10 09:05
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en.Wedoany.com Reported - The UK government will implement a new steel import control system from July 1, 2026, with tariff-free quotas reduced by 60% compared to current safeguard measures, and a 50% tariff applied to imports exceeding the quota.

The quarterly allocated quotas cover 20 product categories, including specific types of steel plates, strips, bars, sections, wires, tubes, reinforcing bars, and railway materials. This move aims to protect domestic production capacity crucial to the defense and infrastructure supply chain, as UK crude steel output continues to decline.

The new rules are based on the Organisation for Economic Co-operation and Development (OECD) forecast that global steel overcapacity will reach 721 million tonnes by 2027. To facilitate the transition, relevant authorities are developing transitional arrangements for products contracted before March 14, 2026, and imported between July 1 and September 30, 2026.

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