<-- Back to proposed bills
Final Steel Trade Measure Details
25 June 2026
Type
Written Ministerial Statement
Department
Department for Business and Trade
At a Glance
Issue Summary
The statement discusses the final details of a new steel trade measure set to come into effect on July 1, 2026, aimed at protecting the UK's domestic steel industry from overcapacity and market distortions.
Action Requested
The government is implementing a new steel trade measure that limits tariff-free imports by reducing overall quota volumes by 51% compared to the previous Steel Safeguard. It also includes transitional arrangements for contracts before March 2026, a review after twelve months, and an Article XXVIII process at the WTO to raise MFN tariffs.
Key Facts
- The new steel trade measure comes into effect on July 1, 2026.
- Tariff-free import quotas will be reduced by 51% compared to the Steel Safeguard, with an overall quota volume of 3.2mt (an increase from previously published provisional volumes).
- 11 product codes have been removed and 2 added based on production evidence.
- A 50% tariff will apply for imports above quota levels; goods under contract before March 14, 2026, can be imported between July 1 and September 30, 2026, without facing tariffs or counting towards quota volumes.
- The measure includes a review after twelve months to ensure effectiveness.
▸
Assessment & feedback
Summary accuracy