Iron and Steel: Import Duties

Summary

To ask the Secretary of State for Business and Trade, if his Department has considered the potential merits of ringfencing income generated by tariffs outlined in the UK Steel Strategy to be reinvested in supporting the UK Steel industry.

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Timeline

1. 22 June 2026

   Written question

   To ask the Secretary of State for Business and Trade, if his Department has considered the potential merits of ringfencing income generated by tariffs outlined in the UK Steel Strategy to be reinvested in supporting the UK Steel industry.

   Source: Commons

2. 29 June 2026

   Answer

   The purpose of the trade measure is not to raise tariff revenue. The Government is acting in response to the serious threat posed by global steel overcapacity. This continues to distort markets, and threaten the viability of UK steelmaking, which underpin...

   Source: Written answer

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• · Department for Business and Trade · Answering body

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