However, flat steel producers in Turkey believe the European Union will remain a strong market for them.
On 1 February, the EC announced definitive safeguard measures on a list of imported steel products
, in the form of tariff rates and a range of quotas that are partly annual and country-specific and partly quarterly and global.
The tariff-rate quotas will be applied over three time periods: from February 2, 2019, to June 30, 2019; from July 1, 2019, to June 30, 2020; and from July 1, 2020, to June 30, 2021.
Turkey’s rebar allocation until June 30 was set at only 117,231.80 tonnes. More than 90,000 of this quota...