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UK Halves Tariff-Free Steel Quota from July 1 to Counter Chinese Oversupply
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UK Halves Tariff-Free Steel Quota from July 1 to Counter Chinese Oversupply

From 1 July the UK will halve its tariff-free steel import quota and double the duty on excess imports, mirroring simultaneous EU restrictions.

Why it mattersSteel buyers and construction firms face higher import costs above the new quota, while domestic producers gain a price buffer from the change.

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