Ukraine to remain exempt from hot rolled flat & coil steel tariff

The Government has accepted the TRA's recommendation to extend its suspension of trade remedy measures on hot rolled flat and coil steel imports from Ukraine.

Trade remedy measures on imports of hot rolled flat and coil steel from Ukraine have been suspended since August 2022. The suspension was due to end on 30 May 2023. The UK Trade Remedies Authority proposed that the suspension on tariffs for Ukrainian imports should be extended for a further 12 months. This has now been agreed and the current suspension will extend for another 12 months from 30 May.

This product covers hot-rolled flat products of iron, non-alloy and other alloy steel. It's commonly used as a raw material for other types of steel and makes up almost 1/3 of all steel production globally.

The TRA is also reviewing anti-dumping measures on imports of these products from Russia, Ukraine, Brazil and Iran. In its initial conclusions, the TRA proposed to extend the measures on imports from China, Russia, Brazil and Iran but to remove them for Ukraine, as it concluded that dumping of products from Ukraine was unlikely to recur, due to reduction in Ukraine's production capacity and limits on the ability to export caused by the war with Russia. The TRA also took into account Ukraine's requirement to rebuild steel production facilities and domestic demand for steel to rebuild the country's infrastructure.

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