EUROPE CRC: Buyers hold back before preliminary decision in safeguard case

European buyers of cold rolled coil (CRC) have been in “wait-and-see” mode ahead of a preliminary decision in a regional safeguard case, sources told Metal Bulletin on Wednesday June 13.

The European Commission (EC) is expected to impose preliminary safeguard measures on steel imports in early July. The commission opened the investigation in late March, in an attempt to prevent the redirection to the EU market of steel shipments originally destined for the United States but now diverted by that country’s new import tariffs. Among other products, the EC case will look into...


Maria Tanatar

June 13, 2018

16:24 GMT