Iron and Steel: Safeguard Measures

(asked on 1st March 2024) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government what assessment they have made of the potential impact on the UK steel industry and the broader economy if the UK's steel safeguard measures were not extended beyond 30 June.


Answered by
Lord Offord of Garvel Portrait
Lord Offord of Garvel
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 15th March 2024

The Trade Remedies Authority published their preliminary findings on the steel safeguard extension review on the 21 February, which set out that evidence pointed towards a likelihood of recurrence of injury to UK steel producers, should the steel safeguard not be extended.

Their review remains ongoing, and I cannot comment further nor prejudice their final recommendation. The Secretary of State for Business and Trade will make a decision after she is sent a final recommendation.

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