New Dumping Duties Target Steel Imports in Europe

New Dumping Duties Target Steel Imports in Europe

Via Metal Miner   The European Commission recently implemented provisional dumping tariffs on hot rolled coil imports from several countries. The move follows an investigation initiated in Q3 on behalf of the EU steel industry. The European Union’s executive arm stated in a March 14 release that the new measures will come into force on April 7 and will cover imports from Egypt, Japan, and Vietnam. “The rates are calculated on the CIF Union borde…

The European Commission (EC) will tighten the conditions for steel imports into the European Union. States will no longer be able to even transfer unused quotas of other countries, including those allocated to Russia and Belarus, the Commission said in a press release on Tuesday. From April, import quotas will be reduced, limiting the amount of steel that can be imported duty-free into the Union.

EU strengthens steel trade shield by freezing redistribution of some Russian quotas

The move should offer EU producers a chance to regain market shares, the commission has said.

EU Tightens Steel Import Rules in Bid to Protect Sector

The European Union took steps to limit the amount of steel that can be imported into the bloc tariff-free as part of a broader effort to protect the sector from rising imports.

Brussels reduces liberalisation rate from 1% to 0.1% to limit the amount of steel that can be imported into the EU

The European Commission announced on Tuesday that it will tighten restrictions on steel imports starting April 1 in an attempt to protect the European steelmaking sector under pressure from dumped imports from Asian countries and beyond. The EU will reduce import quotas, known as the safeguard clause, […] The article EU tightens restrictions on steel imports, but European steelmakers are suffocating under energy prices first appeared in CursDeGu…