UK revokes safeguard on CR-sheets amid production halt

The UK is to revoke its safeguard measures on cold-rolled sheets as the country’s sole producer is ceasing production of these products for domestic sale, Kallanish notes from Trade Remedies Authority’s (TRA) notice published on 22 January 2025.

The decision, effective the day after publication, applies to category 2 steel products, including non-alloy and other alloy cold-rolled sheets under the following commodity codes: 72091500, 72091690, 72091790, 72091891, 72092500, 72092690, 72092790, 72092890, 72099020, 72099080, 72112320, 72112330, 72112380, 72112900, 72119020, 72119080, 72255020, 72255080, 72262000, and 72269200.

The discontinuation review occurred due to a change in circumstances since an extension of the measure on 1 July 2024. Evidence indicated that UK steel producers would no longer face serious harm if the measures were lifted. This follows an application by UK producer Tata Steel in November 2024.

Meanwhile, India has significantly utilised its quota, with 47% or 5,400 tonnes remaining. South Korea has 72% or 7,000t of its allocation available, while the EU and Others have used little of their allowances, leaving 93% and 92% available, respectively, as of 20 January.

UK Q1 quota usage, 000 tonnes
Origin Quota 01.01.25 – 31.03.2025 Imported Remaining Remaining, % 
EU 79.3 5.7 73.6 93
India  11.7  6.2 5.4 47
South Korea 9.8  2.7 7.0 72
Others 24.7 2.0 22.8 92

Source: UK Government.

Elina Virchenko UAE

kallanish.com