14,375.40 TRY BIST 100 BIST 100
52.82 EUR EUR EUR
44.89 USD USD USD
6.62 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
98.48 USD Fossil Oil Fossil Oil
6.05 USD Copper Copper
113.27 USD Silver Silver
106.97 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,887.57 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

UK removes quota exemption for construction rebar imports from Vietnam

The UK government announced changes to the tariff rate quota (TRQ) for Category 13 steel products. The announcement stated that following a review conducted by the Trade Remedies Authority (TRA), construction rebar imported from Vietnam isnt any longer exempt from the safeguard measure.

UK removes quota exemption for construction rebar imports from Vietnam

TRA recommended revising the current TRQ structure and reorganizing the system to allow these products to access the remaining quota, due to increasing import volumes of Vietnam-origin products. The Secretary of State accepted this recommendation in the public interest and implemented it.

The updated tariff quota will be valid from 1 January 2026 to 30 June 2026. For the European Union, 72,902 tons are allocated for Q3 and 73,712 tons for Q4. Turkey’s quota is set at 34,538 tons for Q3 and 34,921 tons for Q4. For other countries, the quota is 23,514 tons for Q3 and 23,776 tons for Q4. The remaining 20% limit for each country is recorded as 4,703 tons for Q3 and 4,755 tons for Q4. These allocations replace the distributions published in notice 2025/12.

According to the announcement, Category 13 products outside the quota will be subject to an additional 25% import duty, calculated on the net price excluding customs duty. The safeguard exemption for Ukraine-origin products will continue under the current regulation.

Importers must submit applications to HMRC to access a specific quota and provide the relevant order numbers when applying. The quota system will continue to operate under the general framework set out in notice 2025/12.

Additionally, certain Caribbean countries and a wide list of developing countries will continue to be exempt from quota restrictions under specific conditions. However, some countries will still be subject to quota measures for certain product categories.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Russian steel producer Severstal’s net profit dropped sharply in the first quarter

Wednesday, April 22, 2026

NLMK Indiana received the Gold Reliability Achievement Award with its EAF modernization project carried out with Primetals

Wednesday, April 22, 2026

Rahmi İncetan has been elected as the chairman of ADMİB

Wednesday, April 22, 2026

Al Yamamah Steel signed USD 33.6 million deal for Yanbu wind project

Wednesday, April 22, 2026

Hadeed raised rebar prices three times in April

Wednesday, April 22, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now