The outlook remained negative because demand was likely to remain low and there will be reduced support because of the upcoming definitive measures in the European Commission’s (EC) safeguard case against steel product imports.
The EU member states voted on January 16 to support the proposal for definitive measures in the region’s safeguard investigation.
The EC will now finalize the procedure, so that the definitive measures can go into force from the start of February 2019. The measures will remain in place...
