"...not all steel materials are made alike.There are multiple steel types and alloys that each have unique properties — making them each suited to specific production goals. Some steels are sturdy and heavy, while other steels are ductile and versatile etc"From: https://staubmfg.com/blog/ultimate-guide-types-of-steel/It may well be that Port Talbot specialises in a different product from Ukraine?Meanwhile if Port Talbot was producing steel to sell to American customers, then it is one of those British producers which is facing a particular problem.A few years back, Donald Trump used a (bogus) "national security" exemption to bypass normal WTO free trade rules and impose import tarrifs on foreign steel (also aluminium).This was blatantly protectionist and designed to court popularity amongst voters, especially in the American rustbelt (sorry).When Biden assumed office, he negotiated with the EU to remove those tarrifs, since they (EU) had the economic clout to face him down.Those tarrifs still apply to UK imports however, since we are no longer in the EU and Biden could afford to ignore us, meaning that the US market is still effectively closed off to us.
Richard Cathcart ● 1520d