Steel Industry News – Early October 2025
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Britain’s steelmakers have warned they face “perhaps the biggest crisis” in their history after the European Commission proposed doubling tariffs on steel imports to 50% — a move that could severely restrict access to their most important export market.
The EU is the destination for nearly £3bn of UK steel exports each year, representing 78% of all overseas sales. Industry leaders fear the proposed measures, which would also slash tariff-free quotas for imports by 47% to 18.3 million tonnes annually, could devastate UK producers already struggling with high energy costs and fragile finances.
