UK Imposes Steel Safeguard Quotas from 1 January 2021
From 1 January 2021, the UK will no longer be part of the EU customs territory. From that date certain UK steel exports to EU will be subject to EU safeguard measures. The Commission has published Implementing Regulation 2020/2037, in the Official Journal ref L416 amending the EU safeguard regulation.
Steel products of UK non-preferential origin, released for free circulation in the EU, will be subject to EU steel quotas.
The EU has given country specific quotas to UK for categories 1, 2, 3A, 4A, 4B, 5, 6, 7, 10, 12, 14, 15, 16, 17, 18, 19, 20, 21, 22, 24, 25B, 26 and 27.
For categories 5, 16, 20 and 27 once the UK country quota has exhausted there is no access to the global quota.
Outside of the quotas, 25% safeguard duty applies in EU.
The quota volumes is for following items
1 - Non Alloy and Other Alloy Hot Rolled Sheets and Strips
2 - Non Alloy and Other Alloy Cold Rolled Sheets
3.A - Electrical Sheets (other than GOES)
3.B - Electrical Sheets (other than GOES)
4.A - Metallic Coated Sheets
4.B - Metallic Coated Sheets
5 - Organic Coated Sheets
6 - Tin Mill products
7 - Non Alloy and Other Alloy Quarto Plates
8 - Stainless Hot Rolled Sheets and Strips
9 - Stainless Cold Rolled Sheets and Strips
10 - Stainless Hot Rolled Quarto Plates
12 - Non Alloy and Other Alloy Merchant Bars and Light Sections
13 - Rebars
14 - Stainless Bars and Light Sections
15 - Stainless Wire Rod
16 - Non Alloy and Other Alloy Wire Rod
17 - Angles, Shapes and Sections of Iron or Non Alloy Steel
18 - Sheet Piling
19 - Railway Material
20 - Gas pipes
21 - Hollow sections
22 - Seamless Stainless Tubes and Pipes
24 - Other Seamless Tubes
25.A - Large welded tubes
25.B - Large welded tubes
26 - Other welded pipes
27 - Non-alloy and other alloy cold finished bars
28 - Non Alloy Wire
Source - Strategic Research Institute