UK Steel Fears EU Tariff Measures
EU cites global overcapacity, unfair competition, and state aid as reasons.
UK steelmakers fear terminal impact from EU tariffs.
Gareth Stace warns EU tariffs could be terminal, urges UK government action.
UK government seeks clarification, meets steel reps, commits £2.5 billion.
United States has 25% tariffs, EU's doubled tariffs could be terminal for UK steelmakers.
UK steel production was four million tonnes last year.
4 weeks ago