import quotas - Latest news GMK Center

The parties’ protective measures will complicate trade between the two closely integrated markets

Overall, the EU has reached agreements with 13 countries on smaller cuts

The total annual quota for Ukraine is 1.050 million tonnes

The bloc’s new regulation on steel has been published in the Official Journal

The country’s Minister for Industry did not specify what volumes were involved

Leading business associations claim that the new measures will significantly undermine the competitiveness of British manufacturers

New EU regulations will have a significant impact on the secondary raw materials market

The new regulations will come into force on 1 July this year

ArcelorMittal Kryvyi Rih has not yet been able to offset the loss of European export orders due to protectionism

The current trade preferences for steel between the UK and Ukraine will remain in force

The country is also extending preferential tariffs on certain US products

The British side considers the safeguard measures on steel products to be a separate issue