Northern Ireland fails to find solution on import tariffs

21/01/2021

The British government and the representative of the steel industry haven’t found the solution to the steel import tariffs of Northern Ireland.

The steel products exported from the European Union (EU) to Northern Ireland still enjoy a policy of duty-free and quota-free; however, steels from the UK are subject to the EU quota restriction. In the meanwhile, imported steel products from countries outside the EU and the UK into Northern Ireland will be imposed a 25% tariff.

Some market participants said that many importers found that they have to pay steel tariffs of 25% after shipping materials to Northern Ireland, which caused trouble for importers.

CBAM