The measures imposed by the European Commission (EC) are currently under review, and the producers hope that this will include a reduction by one-third of the limit on imports of hot-rolled coil allowed from any country.
The EC initiated a second review of the existing safeguard measures
into a variety of imported steel products in the middle of this month.
The current safeguard mechanism will increase the level of tariff-free quotas for each product category by 3% each year, but Eurofer has proposed to reduce this increase to 1%. The next liberalization is scheduled...