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UK steel manufacturers are facing “existence threat” European The union has planned to increase tax on steel.
European Commission Has disclosed plan to impose 50% tariff on steel, which will double the current 25% level, while the tariff -free imports will reduce the volume to 18.3 million tonnes per year – a decrease of 47%.
This step will be another blow to the British industry, which is already affected by the levy on steel in the US market.
The UK Steel, a business association that supports the region, warned that the UK access to the most important export market, which is currently a 78% British steel destination, may be “severely low” by the move.
Called for this Government Preference for the UK and interacting to keep your own import quota for the UK.
The government has said that they are “emphasizing immediate explanation” on schemes “.
Industry Minister Chris McDonald said: “We will always protect our important steel industry, which is why we are pressurizing the European Commission for immediate clarification of the impact of the move on Britain.
“It is important that we protect the trade flow between the UK and the EU and we will work with our closest colleagues to solve global challenges rather than increasing the problems of our industries.
“This government has shown its commitment to our steel industry by ensuring preference access to our exporters in the US market, and we are continuing to search for strong trade measures to protect Britain’s steel producers from unfair behavior.”
Gareth Stace, Director General of UK Steel, said: “This is probably the biggest crisis of the UK Steel industry so far.
“The government should make every effort to protect the quota of the UK country or potentially to face disaster to take advantage of our business relations with the European Union.
“The Britain government Now one should identify the immediate need to take your own measures to prevent floods.
“The European Union measures may have a terminal for our remaining many steel companies likely to redirect millions of tonnes of steel towards Britain.”
Alasdare McDermid, Assistant General Secretary community The trade union said: “Given that about 80% of the UK steel exports go to Europe, new measures proposed by the European Union pose a threat to the survival of thousands of jobs and communities across the country along with our industry.
“The UK government has constantly shown that it values and supports our steel industry, and we know that the minister will be deeply aware of the serious risks of the European Union proposal.”
He said that it is important that the government “take fast steps to negotiate preferential treatment for Britain” and tighten the trade defense measures.
GMB Union National Officer Charlotte Bumpon-Childs described these measures as “hammer jerks” for the UK steel industry.
He said: “If proper safety measures are not secured, it can end the end of steel manufacturing in Britain.”