Britain's steel industry faces its gravest threat since Brexit as the European Union slashes import quotas by 47 per cent to 18.3 million tonnes and slaps 50 per cent tariffs on excess shipments from early 2025.
With the EU absorbing 78 per cent of UK steel exports valued at nearly £3 billion yearly, producers from Scunthorpe to Sheffield brace for shutdowns amid redirected Chinese dumping and rising global protectionism.
