Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The UK government has amended regulations to impose anti-dumping (AD) on certain steel imports from Indonesia, China and Taiwan in addition to safeguard measures.


UK admin has decided to mirror European Union’s import regulations for steel post Brexit but will have its own quotas from January onwards.


In September 2019, the European Commission levied 25pc safeguard duty for steel imports after exhaustion of the stipulated quotas on certain steel imports under HSN Code 72 and 73. The ruling adjusted or exempted AD as appropriate on such imports. In November this year, the commission extends these duty adjustments to hot-rolled SS sheets and coils from Indonesia, China and Taiwan, which followed the imposition of AD on these products in October.


Steel imports impacted by this regulation, if quotas are exhausts, are: 7219 1100 00, 7219 1210 00, 7219 1290 00, 7219 1310 00, 7219 1390 00, 7219 1410 00, 7219 1490 00, 7219 2210 00, 7219 2290 00, 7219 2300 00, 7219 2400 00, 7220 1100 00 and  7220 1200 00


Steel producers in the UK and Europe are wary of the structural overcapacity in Indonesia, China and Taiwan. Low-priced exports from these countries have seriously injured domestic steelmaker in Europe. They also complain of massive raw material distortions in these countries which benefit local steel manufacturers. 

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