Britain to review anti-dumping sanctions on Chinese-made steel
- Tariffs were first put in place in 2016, when UK was a member of the European Union bloc
- UK trade agency reviewing dozens of trade measures carried over from EU membership era
The United Kingdom said on Tuesday that it is conducting a review of anti-dumping measures on Chinese heavy steel plates first put in place nearly six years ago to determine whether to keep them in place.
The Trade Remedies Authority (TRA), a new agency created following Britain’s exit from the European Union (EU), is reviewing tariffs on a series of non-alloy and alloy steel products made in China, applied throughout 2021.
“This measure is one of a number which the UK transitioned from the EU system – the TRA is reviewing them to make sure they are still suitable for the UK’s needs,” the agency announced.
The steel at issue is typically used in the manufacture of construction, mining and logging equipment, in oil and gas pipelines, and for shipbuilding and construction of bridges and buildings.
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The anti-dumping measures were first put in place in 2016, following a decision by the European Commission, with duties ranging as high as 73.7 per cent. British authorities maintained the duties following the UK’s exit from the EU in 2020.