EU could be flooded with steel if US probe brings bigger tariffs, WV Stahl warns

Europe could face a deluge of steel imports previously destined for the United States if Donald Trump’s 232 investigation leads to strict import duties on steel products, German steel association WV Stahl has warned.

EU tariffs on imports of cold rolled coil (CRC) from Russia and China led to prices for the material jumping in European domestic markets in 2017, while Russian producers lost margin by having to sell the material at lower prices in less premium...


Lee Allen

January 15, 2018

13:16 GMT