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12 Feb

UK conducts HRC safeguard review, expects nine-month suspension

The UK Trade Remedies Authority (TRA) has initiated two reviews of the current safeguards measure on Category 1 steel product hot rolled flat and coil steel, Kallanish notes. The suspension review and Tariff Rate Quota (TRQ) review are in response to applications from Tata Steel UK (TSUK) and Kromat Trading Ltd. Both reviews respond to TSUK’s recent proposal to close its two blast furnaces in Port Talbot. If adopted, the production plan TSUK …
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