New deal removes 25% tariff on certain ex-UK steel imports to N. Ireland

Tuesday, 28 February 2023 16:02:35 (GMT+3)   |   Istanbul
       

The European Commission and the UK government have made a new deal, called the Windsor Framework, for post-Brexit arrangements regarding the trade and custom processes of North Ireland, solving the problem for steel tariffs.

Accordingly, Northern Ireland importers will now have access to UK-origin steel in Category 7 (Quarto plate) and Category 17 (angles and sections) without having to pay 25 percent tariff. Northern Ireland was facing 25 percent tariff to access ex-UK steel since the EU quota measure system changed in June 2022, as it continued to follow EU custom rules following Brexit.

Meanwhile, the EU and the UK have also agreed to continue working together on finding a joint solution for the trade of other relevant commodities.


Similar articles

S. Korea’s Dongkuk Steel focuses on greater export competitiveness

30 Jan | Steel News

Italy’s steel imports and exports for non-EU countries in Jan-Nov follow previous trends

19 Jan | Steel News

Italy’s steel imports from non-EU countries fall slightly in Jan-Oct, exports rise

22 Dec | Steel News

Italy’s steel imports from non-EU countries fall in Jan-Sep, exports rise

20 Nov | Steel News

Italy’s steel imports from non-EU countries fall in H1, exports rise

29 Aug | Steel News

Japanese crude steel output down 3.8 percent in Dec from Nov

23 Jan | Steel News

Japanese crude steel output up 2.9 percent in October from September

25 Nov | Steel News

NBS: Local Chinese rebar prices down 2.1 percent in mid-October

25 Oct | Steel News

Japanese crude steel output down three percent in Sept from Aug

21 Oct | Steel News

NBS: Local Chinese rebar prices up 1.8 percent in early October

18 Oct | Steel News