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01 Apr
17:21

German processors stand defiantly against safeguards

In a statement to the EU Commission, the German associations of sheet formers IBU and cold rollers (FVK) are protesting against a possible extension of safeguard quoats for steel imports. "The feared flood of imports has not realised, import quotas are falling, global steel capacities are manageable. There is no danger for the EU steel industry - it is even benefiting from the steel shortage,“ the associations say in a release seen by Kallanish. "…
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