EU safeguard measures could lead to bankruptcies, wire rod processors say

The European Non-Integrated Wire Rod Processors Association (Eunirpa) has expressed concerns about the recent safeguard investigation on imports of steel from all non-EU origins, it said on Wednesday April 4.

Eunirpa fears the investigation will further intensify the wire rod shortage and the growing squeeze on margins that continue to severely affect independent wire rod processors.

The association has repeatedly stressed that due to the downstream investments of steel mills in the EU, there is not enough wire...

Published

Carrie Bone

April 04, 2018

16:50 GMT

London