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EU Steel Quota: UK Steel: Protectionist Portents Peril UK Steelmakers' Prospects
The European Union has proposed sharp cuts to its steel import quotas. This decision poses a severe threat to UK steelmakers, who send most of their exports to the EU. Industry leaders are urging the UK government to negotiate a special quota deal with the EU. They also want stronger UK import controls to prevent a flood of diverted steel from overwhelming the domestic market.
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