UK Steel response to EU steel action plan

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Gareth Stace

Commenting on the EU steel action plan announced today, Gareth Stace, Director of UK Steel, said:

“China shows no sign of stemming the tidal wave of steel exports which it is dumping on the global market. While the EU Commission rightly suggests that scrapping the Lesser Duty Rule would bring about  tariffs that would actually make a difference, the UK in blocking these changes is effectively saying to China, ‘please dump here, you’re welcome.’

“It is galling that the UK Government has not taken action itself and has continued to block these changes in the EU, leaving the steel industry on its knees. There have been job losses across all areas of the steel industry over the last year and, if Government doesn’t support the lifting of the Lesser Duty Rule, further job losses are inevitable.”

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