UK launches review of steel tariff quotas for imports from Russia, Belarus

UK launches review of steel tariff quotas for imports from Russia, Belarus
Representative Image Image Credit: ANI
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Britain launched a review of steel tariff quotas for imports from Russia and Belarus on Wednesday to address the risk of a shortage of steel in the UK as a result of sanctions against the two countries over the invasion of Ukraine.

"Reallocating quotas should help keep steel prices down for construction and other domestic industries," Trade Remedies Authority head Oliver Griffiths said in a statement.

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