Iron and Steel: UK Trade with EU
(asked on 19th November 2020) - View Source
Question to the Department for International Trade:
What steps her Department is taking to support UK steel exports to the EU after 31 December 2020.
This question was answered on 19th November 2020
My Department and the Department for Business, Energy & Industrial Strategy worked closely with industry to engage with the European Commission to provide a tariff-free quota allocation for UK steel exports into the EU from 1 January 2021. The European Commission announced the creation of a UK allocation on 30 October. As a result, the UK steel industry will avoid an £80m tariff bill in the first half of next year, according to UK Steel estimates.