EU steel traders lambast EC proposal to prolong import safeguards

European non-integrated steel traders and wire rod processors strongly oppose the European Commission’s proposal to extend import safeguard measures for three more years, claiming that the decision neglects the interests of downstream steel users, Fastmarkets learnt on Wednesday June 16.

On June 11, the EC presented a draft document of the adjusted measures to member states, suggesting a three-year extension to the existing safeguard measures, and an increase to quota...


Julia Bolotova

June 16, 2021

12:48 GMT