protective measures - Latest news GMK Center

According to the country’s authorities, such actions do not solve the problem of steel overproduction, but instead provoke an escalation of trade measures

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

The total annual quota for Ukraine is 1.050 million tonnes

An increase in imports not covered by these schemes could negate the actual benefits of the measures

Luca Zanotti emphasises that the Ukrainian steel industry has no excess capacity

These are products from China, Japan and the Russian Federation

Steel imports from Ukraine will continue to be excluded from UK tariff quotas

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

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

The country is seeking access to the European market on terms no less favourable than those enjoyed by its competitors

Industry groups have warned the government of the risks to business

The economic threat to the industry is being exacerbated by the war, which has cut it off from some of its markets