Tata Steel has cautioned that the influx of inexpensive Asian steel puts British manufacturing roles at risk, potentially turning the UK into a destination for excess imports. The company noted that duty-free quotas established through trade agreements, such as the one with India, could negatively impact local manufacturers. This concern arises after the annual tariff-free allowance for Indian galvanised steel was increased from 98,000 tonnes to 1,25,000 tonnes as part of updated trade terms.

by shortkt.com✓

3 घंटे पहले