Commenting on an EU announcement that it has imposed definitive anti-dumping measures, Gareth Stace, Director of UK Steel, says:
“Slapping on tariffs on under-priced steel from China and Russia by the EU today, is hugely welcomed by steel producers in the UK. What is encouraging about this decision is that the dumping duties have been backdated, which sends the strongest signal to these countries that dumping into our market must stop.
“Regardless of any fire power shown by the EU, the UK will at some point be leaving and will need to have its own tariffs in place. The UK Government will finally have the ability to match words with actions and must do everything necessary to ensure China and Russia aren’t allowed to destroy the UK steel industry, forcing us to become fully dependent on their steel. This would enable them to monopolise the prices industry pays and control our supply of this vital product.”