L

Lord Leong (Lab)

Speaking in the House of Lords on 2 June 2026

Debate

Steel Import Restrictions

Contribution

The noble Lord is absolutely right. We recall that the quota currently in place stands at 60%. For most countries, we have not achieved 60%: it is only when we exceed that 60% that that tariff of 50% comes in. Furthermore, we import most of our steel from the EU; 70% of our steel imports are from overseas and 60% from the EU, while India contributes only 5% of the market.

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