Posted on 07 Sep 2023
The UK’s Trade Remedies Authority (TRA) has started an extension review of the safeguard measure on 15 categories of steel products.
The measure will expire on June 30, 2024. The analysis of the TRA’s review will help the Secretary of State for Business and Trade to make a decision on whether the safeguard measure should be extended for a further two years to 2026.
The TRA will investigate whether a surge in steel imports is likely to happen again, whether the safeguard measure has eliminated or reduced serious injury to the UK steel industry, whether the withdrawal of the measure will cause the serious injury to reoccur, and so forth.
Source:Yieh
