protective measures - Latest news GMK Center

The country extended the relevant measures for three years

The rate of duty will be 9%, it is implemented for 200 days for all countries except developing countries

In addition, the suspension of protective measures against Ukraine is maintained until June 2026

EUROFER called for further fight against excess capacities, Assofermet sees risks for the market

The association believes that the future shortage of steel will have a negative impact on several sectors

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