EU will extend steel safeguard measures for three years, sources say

The European Commission (EC) will extend the existing safeguard measures on 26 steel products imported into the European Union by three years, market sources told Fastmarkets on Friday June 11.

Quota volumes for all 26 steel products will increase by 3% year on year - lower than the 5% rise expected by market participants.

The draft document of the adjusted measures was released to member states on Friday, several sources confirmed to...

Published

Maria Tanatar

Julia Bolotova

June 11, 2021

13:25 GMT

London, Dnipro