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UK steel industry faces collapse without tariff extension by July, warns Tata Steel.
The UK steel industry is at risk of collapse unless the government acts within two months, warned Tata Steel’s Russell Codling before Parliament.
He cited cheap imports, particularly from China, and the upcoming June expiration of a 25% safeguard tariff as critical threats.
Codling urged the government to extend or replace the tariffs by July, following the EU and US models, to protect domestic production and prevent irreversible damage to the sector and its supply chains.
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La industria siderúrgica del Reino Unido se enfrenta a un colapso sin una extensión de aranceles en julio, advierte Tata Steel.