Advertisement
UK markets closed

  • FTSE 100

    8,077.12
    +36.74 (+0.46%)
     

  • FTSE 250

    19,590.72
    -128.65 (-0.65%)
     

  • AIM

    753.03
    -1.66 (-0.22%)
     

  • GBP/EUR

    1.1658
    +0.0013 (+0.11%)
     

  • GBP/USD

    1.2498
    +0.0035 (+0.28%)
     

  • Bitcoin GBP

    51,046.95
    -820.95 (-1.58%)
     

  • CMC Crypto 200

    1,376.97
    -5.60 (-0.41%)
     

  • S&P 500

    5,011.43
    -60.20 (-1.19%)
     

  • DOW

    37,870.17
    -590.75 (-1.54%)
     

  • CRUDE OIL

    82.22
    -0.59 (-0.71%)
     

  • GOLD FUTURES

    2,344.80
    +6.40 (+0.27%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,928.10
    -160.60 (-0.89%)
     

  • CAC 40

    8,022.33
    -69.53 (-0.86%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

Britain suspends levy on some Ukrainian steel imports

Reuters
·1-min read

LONDON (Reuters) - Britain said on Wednesday it would temporarily suspend so-called trade remedy measures which apply a levy of about 50 pounds ($58) per tonne on certain steel imports from Ukraine.

Britain's Trade Remedies Authority (TRA) said that for the next nine months, the levy would no longer apply to Ukrainian hot-rolled flat and coil steel, which is used in mechanical and electrical engineering, construction and car manufacture.

The TRA said that following Russia's invasion of Ukraine, there had been a change in market conditions that warranted the removal of the levy.

($1 = 0.8595 pounds)

(Reporting by Sachin Ravikumar; editing by David Milliken)