Source · Select Committees · Business and Trade Committee
Recommendation 32
32
Not Addressed
Paragraph: 158
Given that global steel markets continue to be heavily distorted by state subsidisation and that...
Conclusion
Given that global steel markets continue to be heavily distorted by state subsidisation and that the EU and the US continue to apply tariffs on imported steel, the UK requires a response from Government regarding potential trade divergence towards UK markets and significant injury to UK steel producers.
Government response summary AI-generated
The government's response is boilerplate text about BEIS and the British Business Bank, failing to address the conclusion about global steel market distortions and the need for a government response to trade divergence.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
158
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
67. The UK has long been a champion of the rules-based international trading system, and we share the Select Committee’s concern about the distortion of global steel markets, including through illegal subsidies and protectionist measures overseas.
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