Part One of this work examines the UK steel industry within the European Community trade regulations to establish the UK's position in this area and to see how and if the UK steel industry might evolve. Largely, the work consists of a readable and sensible analysis of the primary information in case-law and Statutes and Conventions and Trade Agreements in the context of world politics and world economics. Part Two presents a realistic and comprehensive snapshot of the international trade situation with particular reference to the UK.