07
Jun
14:25
EU safeguard revision means significant HRC shortage: Assofermet
The EU’s residual safeguard quota revision will trigger an annual shortage of 1.63 million tonnes of steel in the bloc, warns Italian steel trade association Assofermet.
The European Commission announced in May its intention to extend safeguards by a further two years to 30 June 2026. It will also introduce a 15% cap per origin over the “other country” tariff-rate quota (TRQ) for hot rolled coil, to ensure market stability and avoid crowding out…
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Anonymous
Very good overview of the weekly steel market.
Anonymous