Liam Bates, president of Marcegaglia Stainless Sheffield, said concerns about the impact of steel production quotas on the UK's processing industries could be eased by increasing domestic supplies of standard stainless steel products and using import quotas for special grades. According to the latest UK government review, the effective market size was estimated at about 30,000 tons, while duty-free import quotas were increased to 20,000 tons per year. This means that for every ton of products produced in the UK, approximately two tons can be imported duty-free . . Bates said that even if the entire market were secured through imports, the average impact of tariffs on the market would be about 17% . . The focus is on domestic supplies. products, , , , , According to Bates, are standard long-range stainless steel products, which account for most of the demand in the domestic market. In the UK, it can mainly be produced domestically. However, a significant portion of the UK stainless steel distribution sector belongs to European bar manufacturers, who traditionally source their products from their factories throughout Europe. Bates notes that directing demand for standard and interchangeable products to domestic markets may help maintain import quotas for steel grades that cannot be produced in other countries. In the United Kingdom or which have special characteristics . . . Marcegaglia Stainless Sheffield is expanding its product range. . . . . Marcegaglia Stainless Sheffield is also expanding its product range to serve a broader customer base in the UK. . . . The company believes that an increase in the use of standard products from domestic production may allow for the use of import quotas for special grades of stainless steel. More efficient . . ,
, Author:, editorial staff of SteelRadar,
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