UK softens steel import quota cuts to 51% following industry consultations
2026-06-29 11:19:00 [Print]
The UK government has confirmed the final details of its new steel trade measures, set to take effect on July 1, 2026, replacing the current safeguard regime. Following negotiations with domestic steel-using industries and distributors, the government has adjusted the proposed tariff-rate quota (TRQ) volumes.
Under the new framework, the UK will reduce tariff-free steel import quotas by 51% compared to the existing safeguard measures---a less severe cut than the 60% reduction initially announced. Imports exceeding the allocated TRQs will incur a 50% tariff, replacing the current 25% safeguard duty, which will expire on June 30, 2026.
The TRQs will be administered on a quarterly basis, with quota periods running from July–September, October–December, January–March, and April–June.
Unused country-specific or residual quotas may be carried forward to the following quarter within the same quota year. However, any unused quota will not be rolled over into the subsequent quota year.
Under the new framework, the UK will reduce tariff-free steel import quotas by 51% compared to the existing safeguard measures---a less severe cut than the 60% reduction initially announced. Imports exceeding the allocated TRQs will incur a 50% tariff, replacing the current 25% safeguard duty, which will expire on June 30, 2026.
The TRQs will be administered on a quarterly basis, with quota periods running from July–September, October–December, January–March, and April–June.
Unused country-specific or residual quotas may be carried forward to the following quarter within the same quota year. However, any unused quota will not be rolled over into the subsequent quota year.
