Italian steel distributors call for removal of EU safeguard measures

The Italian steel distributors association, Assofermet, is calling for the complete removal of safeguard measures in Europe to protect steel users and consumers from the effects of the record high prices currently seen in the market.

The association demanded the removal of the import controls on 26 steel products after the European Commission proposed extending the current measures for another three years.
Released on June 11, the draft proposal suggests extending the safeguard measures until June 30, 2024, with quota volumes for the products on the list increasing by 3% each year over that period.

“We are firmly convinced that there is no...

Published

Elina Virchenko

June 16, 2021

14:17 GMT

Dubai