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UK plans to raise steel tariffs to 50% under new steel sector strategy-Forging Exhibition-2026 China(Guangzhou)International Forging Industry Exhibition 3/19/2026 锻造展-forging expo-forging exhibition--forging event |
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The UK government is planning to raise steel import tariffs to 50 percent as part of a broader strategy aimed atsupporting its domestic steel industry, according to a report by US-based Politico.
The planned measures are expected to include reductions in import quotas alongside higher duties on volumesexceeding those limits, bringing the UK more closely in line with existing policies in the EU and the US.
The tariff move is expected to form part of the government''s forthcoming steel sector strategy, which officialssay will outline measures to secure the long-term future of domestic steelmaking.
A government spokesperson stated that the UK remains committed to ensuring a sustainable future for steelproduction and jobs, with further details to be announced alongside the strategy.
Industry under pressure from imports and costs
The UK steel sector has been facing significant challenges, including high energy costs, intense competitionfrom lower-priced imports, particularly from China, and broader global overcapacity pressures. These factorshave contributed to financial strain across the industry, with major producers affected. Recent developmentsunderscore the pressure on the sector. Tata Steel has already closed two blast furnaces at its Port Talbot site,while the UK government previously intervened to take control of British Steel''s Scunthorpe plant to prevent itsshutdown.
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