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The Independent UK
The Independent UK
Business
Karl Matchett

Major boost for British steel with EU deal but still no confirmation over US tariffs

British steelmakers received a boost on Friday as a trade deal arranged in May came into effect, allowing tariff-free exports into the EU.

The government confirmed that key steel products such as support beams could now be exported to Europe from 1 August without additional costs, a significant aid to an industry which has been hampered by rising energy bills and global trade uncertainty.

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