TRA makes its Final Recommendation to extend safeguard measure on steel products

Article summary

The Trade Remedies Authority (TRA) has made its Final Recommendation to extend the UK’s steel safeguard measure to the Secretary of State for Business and Trade for another two years. The measure will protect the country’s steel industry from rises in imports. Currently, the measures cover 15 categories of steel which will expire on 30 June 2024, if not extended. If the measure is extended in 2024, it must end by 30 June 2026. The Secretary of State will review the TRA's Recommendation before it publishes it's decision.