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Tata Steel UK's exports to US at risk post FTA
Financial Express Mumbai
|June 07, 2025
TATA STEEL UK's exports to the United States could be significantly impaired, with its £150 million annual trade facing disruption due to technicalities in the UK-US free trade agreement (FTA).
As the company transitions its Port Talbot plant from blast furnaces to an electric arc furnace (EAF), it has temporarily ceased melting and pouring steel in the UK, a requirement for tariff-free access under current US trade regulations.
The rule mandates that steel be "melted and poured" in the exporting country itself to qualify for tariff exemptions. With its blast furnaces now offline and EAF production not expected until late 2027, Tata Steel UK is reliant on importing steel substrates from its operations in India and the Netherlands.
Bu hikaye Financial Express Mumbai dergisinin June 07, 2025 baskısından alınmıştır.
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