UK acts to save steel sector by July

The United Kingdom is working to protect its domestic steel industry before the current trade rules expire on June 30, which date back to the period prior to its departure from the European Union. Negotiations are currently underway with the EU to renew trade measures, with expectations of reaching an agreement before July 1 to avoid flooding the market with steel subsidized by countries like China, which could potentially devastate the country's steel industry.

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