Extension of the UK’s Steel Safeguard Measure

BY:

Niamh O'Connor
28 June 2024

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The Secretary of State for Business and Trade has made a significant decision to extend the UK’s steel safeguard measure across all 15 categories, along with the suspension for Ukraine, for an additional two years, until 30 June 2026.

The Secretary of State for Business and Trade has made a significant decision to extend the UK’s steel safeguard measure across all 15 categories, along with the suspension for Ukraine, for an additional two years, until 30 June 2026.


On 4 September 2023, the UK’s Trade Remedies Authority (TRA) began an extension review of the steel safeguard measure. This review aimed to determine if removing the measure would lead to a recurrence of serious injury to UK steel producers in any of the 15 product categories.


The TRA examined evidence from domestic and international industries and organisations throughout the extension review. After thorough analysis, the TRA recommended to the Secretary of State for Business and Trade on 19 April 2024 that the safeguard measure should be extended for all 15 product categories for another two years, concluding on 30 June 2026. This recommendation was based on the likelihood of serious injury to the UK steel industry if the measures were allowed to expire.


These decisions, which will take effect from 1 July 2024, are part of a carefully planned timeline. The government is scheduled to publish a public notice on 30 June 2024 to implement these measures formally.



Statement by the Department for Business and Trade


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