Although the changes will result in improvements, “the result is still not sufficient for a large part of the sector, especially given that it is facing depressed domestic steel demand,” Eurofer said.
The European Commission has made a number of changes to its existing regime of safeguard measures concerning 26 steel product categories that came into force on October 1 this year.
“The largest part of the steel sector is still being squeezed, hampered by unsustainable import pressure - pressure that will not abate, despite the changes made today,” Eurofer director general Axel Eggert said.
“The steel sector is now back in choppy waters - demand is falling and imports are still at...