{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Metal Guys Talk Business","title":"S4E11 | Inside the UK Steel Quota Debate with Carrie Bone of Kallanish Commodities","html":"","width":"100%","height":180,"duration":3880,"description":"Episode Title: Inside the UK Steel Quota DebateHost: Peter ComerfordGuest: Carrie BoneOrganisation: Kallanish CommoditiesEpisode SummaryIn this episode of The Metal Guys Talk Business, Pete is joined by Carrie Bone to continue the discussion around the proposed UK steel quotas and tariffs, and the wider implications for the steel, stainless and engineering sectors.Carrie provides an overview of:Why the UK steel market has reached this pointGlobal steel overcapacityThe difference between UK quotas and EU tariffsWhy UK mills have struggled to compete internationallyThe risks facing downstream manufacturersConcerns around supply chains, pricing and loopholesThe conversation also explores whether the UK is now at a tipping point where government intervention has become unavoidable.“We’re at a Knife Edge”One of the strongest themes throughout the episode is the concern that the UK steel industry may have reached a critical moment.Pete openly questions whether the government now feels forced to act aggressively in order to prevent further decline in UK steelmaking capacity.Carrie explains that:UK steel production has been falling for yearsEnergy and operating costs remain extremely highGlobal overcapacity continues to pressure pricesImported material is often significantly cheaperThe discussion highlights the difficult balance between protecting domestic production and maintaining competitive manufacturing costs.Quotas vs Tariffs – What’s Actually Happening?A major part of the episode focuses on the difference between:EU tariff systemsUK quota systemsSafeguard measuresCarrie explains how Europe has operated with various protection measures for years, while the UK is now attempting to introduce its own framework following Brexit.The discussion also explores:Why some businesses were caught off guardHow stainless and alloy markets became affectedWhy many downstream manufacturers didn’t initially realise they could be impactedThe Speed of ChangeBoth Pete and Carrie...","thumbnail_url":"https://img.transistorcdn.com/KXiCZ49whjSVfWAnjiwjK62bID0kBmtfjoKYvvC240c/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80MmY2/NWQ1MThiYWU5YTc5/Yzg5MGQ3ZDZjOGI3/OTE2Yi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}