【Ferro-alloys.com】：The UK government has announced a new steel strategy aimed at stabilizing and rebuilding the domestic steel sector introducingstronger trade protections and financial support measures. The strategy incudes a new steel trade measure with tarits of up to 50percent, alongside funding of up to f2.5 billion to support the industry and attract investment.

The government stated that its initial goalis to restore domestic production levels to around 40-50 percent of UK demandcompared to about 30 percent in 2024. The strategy outines a long-term vision of a competitive and decarbonzed steel industry.

supported by investment and improved operating conditions.

New trade measures

A key element of the strategy is the introduction of a new tanif rate quota system, which wil replace the current steel safeguardwhen it expires in June 2026.

Under the new system:

quota volumes will be significantly reduced by 60 percent compared to existing safeguard levels,additional product categories will be covered, an out-of-quota tariff rate of 50 percent will apply.

The measure is scheduled to come into force on July 1, 2026, and is designed to ensure the contnued vability of domestic steelproduction.

• [Editor:Alakay]