The Secretary of State for Business and Trade accepted on the 14th November, the recommendation made by the Trade Remedies Authority (TRA’s) recommendation to maintain anti-dumping duties on imports of steel ropes and cables from China, protecting the UK’s £36 million industry.
This measure was among those inherited from the EU. The TRA conducted a transition review to establish whether it was still suitable for the UK’s need. The TRA has found that the UK industry would be adversely impacted if the measure wasn't maintained, as imports of steel ropes and cables from China would likely become cheaper by up to 37.7%, which UK producers would not be able to match. As a result, UK production would likely cease.
The TRA therefore recommended that the duty on imports of steel ropes and cables be kept at 60.4% for all exporters to the UK and the Secretary of State has accepted that recommendation.
Source: UK Government
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