Ministers fail to plug imported fabricated steel tariff gap
The Government has stopped short of closing a controversial loophole in its new steel tariff regime, prompting warnings that cheap imported fabricated steelwork will flood the UK market and put thousands of jobs at risk.
Ministers yesterday confirmed the final shape of the new safeguard measures ahead of their introduction on 1 July, after weeks of lobbying from the construction and fabrication sectors.
Under the plans, imported steel sections will face quotas and tariffs, but fabricated steelwo