EC may use fixed charge per tonne on HRC import prices instead of MIP

The European Commission (EC) has proposed applying a fixed price per tonne instead of a minimum import price to hot rolled coil (HRC) brought into the region from four countries involved in a trade defence case.

The fixed amount per tonne would be used as a definitive trade defence measure against HRC imports from Russia, Ukraine, Brazil and Iran, according to a preliminary document seen by Metal Bulletin.
The EU Trade Defence Instruments Committee rejected the proposal of a minimum import price (MIP) on HRC from those four countries at the beginning of September.

As a result, the EC had to review...

Published

Maria Tanatar

September 25, 2017

14:15 GMT

Dnepr