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14 Aug
14:05

Salzgitter expects safeguard non-renewal, Section 232 reapplication risk

Salzgitter says the extension of EU safeguard measures beyond their current, end-June 2024 expiration deadline is unlikely. “It will then be possible to import steel products into the EU market from July 1, 2024 onward without any restrictions by tariff quotas, which will likely drive up import volumes,” the steelmaker said in last week’s second-quarter earnings report. EU steelmakers have in recent months voiced fears over the potential expirat…
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