Post Views: 311 UK Carbon Steel UK Steelmakers Urge Stronger Defences Amid Declining Market Share The UK steel industry took center stage at a recent carbon steel market panel during the UK Metals Expo, where industry leaders debated trade defence measures and import safeguards. As domestic demand weakens and imports grow, the discussion spotlighted rising concerns about the sustainability and competitiveness of UK steelmaking. According to Tata Steel UK’s Nathan Lawrence, domestic steel demand has stayed weak since mid-2022, driven by economic instability and high interest rates. Despite this, a live survey of panel attendees showed that 58% expect demand to stabilize within three to six months. Only 15% foresee further decline, suggesting a cautiously optimistic outlook. Gareth Stace, Director General of UK Steel, warned that UK producers now supply just 30% of the domestic market—calling this level “unsustainable.” He pointed to the US and EU, where robust trade policies ...
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