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14 Aug
15:46

Salzgitter bemoans generous imports amid pandemic

Salzgitter suffered large losses in the second quarter, with imports compounding the damage done by the coronavirus pandemic, the firm says in a report seen by Kallanish. In its first-half-year report, the group bemoans that “…excessively generous quotas” for duty-free steel imports into the EU provided no protection whatsoever even before the advent of Covid-19. The share of these imports was even higher in Q2 due to slack demand for steel in t…
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