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UK poised to ease steel tariffs as manufacturers warn of costs

Exemptions being considered after March announcement of measures to support domestic steel productionBusiness live – latest updatesMinisters are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs.Representatives of the Department of Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries. Continue

UK poised to ease steel tariffs as manufacturers warn of costs

UK poised to ease steel tariffs as manufacturers warn of costs

Published June 10, 2026 · Category: Markets

Overview

Exemptions being considered after March announcement of measures to support domestic steel production

Ministers are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs.

Details

Representatives of the Department of Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries.

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Source

Originally published at www.theguardian.com.

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