Keeping these measures in place until at least 2027 will help to protect the UK's steel industry from unfair competition, as Hot Rolled Flat and Coil commonly used as a raw material for other types of steel and making up almost a third of all steel production globally.
The TRA proposed in March that anti-dumping and countervailing measures on imports from China and anti-dumping measures on imports from Russia, Brazil and Iran be maintained until at least 2027.
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However, the TRA recommended that anti-dumping measures on imports from Ukraine be revoked, as it concluded that dumping of products from Ukraine was unlikely to recur, due to reduction in Ukraine's production capacity and limits on the ability to export caused by the war with Russia. The TRA also took into account Ukraine's requirement to rebuild steel production facilities and domestic demand for steel to rebuild the country's infrastructure.
The anti-dumping and countervailing measures on Hot Rolled Flat and Coil steel from China will be kept at the existing rates until 7 April 2027, while the anti-dumping measure on imports from Brazil, Iran & Russia will be kept at the existing rates until 7 October 2027. The UK export ban on all imports from Russia due to the war in Ukraine also extends to Hot Rolled Flat and Coil steel.
