UK poised to ease steel tariffs as manufacturers warn of costs

Exemptions being considered after March announcement of measures to support domestic steel productionBusiness live – latest updatesMinisters are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs.Representatives of the Department for Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries. Continue...