UK approves TRA recommendation on cold rolled flat steel
The Government has agreed with the Trade Remedies Authority’s (TRA) recommendation on anti-dumping measures on imports of cold rolled flat steel from China and Russia.
The recommendation on imports of cold rolled flat steel from China and Russia has been accepted by the Secretary of State for International Trade.
Cold rolled flat steel is used in the manufacture of parts for the automotive industry and domestic appliances, as well as other goods. It can be found in such consumer products as radiators, steel drums, domestic appliances, racking, shelving and metal furniture.
As part of its assessment, the TRA found that extending the anti-dumping measure for a further five years would be in the economic interest of the UK. It also concluded that cold rolled flat steel from China and Russia would likely be dumped in the UK if the measure were to be removed, causing injury to UK producers, which produce 40-50% of the UK’s market, with annual combined turnover of £685 million.
You can read the TRA’s full report on this case on its public file.