protective measures - Latest news GMK Center

Market participants are particularly concerned about the proposal to limit the use of the quota for other countries for hot-rolled steel

A 15 percent restriction on imports of hot-rolled coils and wire rod under the remaining quarterly quota is also introduced

Earlier, the European Commission announced the start of the procedure regarding the import of some Chinese seamless pipes

The procedure was initiated following a complaint filed by the European Association of Steel Pipe Manufacturers

The investigation will last up to 14 months, with the possible introduction of temporary duties after 7-8 months

The industry association called on the authorities to take measures similar to the American ones

The White House notes that these actions are intended to protect the American steel industry

Anti-dumping and anti-subsidy duties on SSCR from Indonesia extended to imports from three more countries

The bloc should introduce more tariffs, following the US, says the company's CEO

Supplies in excess of quotas will be subject to a 25% duty

The size of the rates is 32.5-67.4%

The final recommendation was submitted to the Secretary of State for Business and Trade