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UK could be flooded with cheap steel after Brexit expiry date in blow to British industry

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www.mirror.co.uk

Steel chiefs have urged the Government to extend “safeguards” aimed at supporting the industry against cheap foreign imports.

Measures have been in place since 2018 when the UK was part of the EU, and were extended as part of the Brexit transition period.

But they are due to expire next month – prompting fears among producers of a flood of metal from abroad. UK Steel believes the US and EU will extend their safeguards – and want International Trade Secretary Liz Truss to do the same for Britain.

In a three-page briefing note seen by the Mirror, the trade body says: “Extending the UK safeguards is the only sensible course of action whilst the US and EU continue with their own measures and global overcapacity remains as big a problem as

Read more on mirror.co.uk
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