UK to halve tariff-free steel imports to counter glut of cheap Chinese metal

The Guardian — World
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UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
Read the full story at The Guardian — WorldOriginal

Duty on imports outside new quota will double in move echoed by similar changes in EU limits

The UK government will halve the amount of tariff-free steel imports allowed in an attempt to counter a global oversupply of cheap Chinese metal and boost its beleaguered local industry.

New “safeguards” will be introduced on 1 July and will coincide with similar new limits being introduced by the EU for the same purposes.

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