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protective measures - Latest news GMK Center

Photo – EU will extend protective measures on steel imports for another year
EU will extend protective measures on steel imports for another year

The measures will remain in effect until the end of June 2024

Photo – US duty-free regime for Ukrainian steel may help EU exporters
US duty-free regime for Ukrainian steel may help EU exporters

European producers will be more interested in the hot-rolled coil and preparation of Ukrainian origin

Photo – The USA has extended the suspension of tariffs on Ukrainian steel for a year
The USA has extended the suspension of tariffs on Ukrainian steel for a year

The United States suspended tariffs on Ukrainian steel for one year in May 2022

Photo – The UK extended the cancellation of the duty on the import of Ukrainian steel for one year
The UK extended the cancellation of the duty on the import of Ukrainian steel for one year

Protective measures regarding Ukrainian imports of flat and coiled steel products have been suspended since August 2022

Photo – Producers urge EU to lift steel import safeguards
Producers urge EU to lift steel import safeguards

The Italian Assofermet also made a corresponding request

Photo – The US imported 77% of steel in 2022 without the application of section 232 tariffs
The US imported 77% of steel in 2022 without the application of section 232 tariffs

Last year, the country reduced corresponding steel imports by 1.9% y/y

Photo – US extends duty on round welded pipes from four countries
US extends duty on round welded pipes from four countries

Tariffs apply to products shipped to the US from Brazil, Mexico, South Korea, and Taiwan

Photo – The European Parliament supported the continuation of customs duties abolition on Ukrainian products
The European Parliament supported the continuation of customs duties abolition on Ukrainian products

The liberalization of the trade regime with Ukraine is planned to be extended for another year – until June 5, 2024

Photo – The EU extended anti-dumping measures to the import of stainless steel coils from Turkiye
The EU extended anti-dumping measures to the import of stainless steel coils from Turkiye

The European Commission has established that Turkish companies are actually helping Indonesian companies to circumvent previously introduced protective measures

Photo – Canada continued its investigation into Turkish rebar
Canada continued its investigation into Turkish rebar

The retrial was initiated in the fall of 2022, the parties were supposed to submit arguments in January 2023

Photo – Turkiye’s Borusan Mannesmann loses appeal against Section 232 tariffs
Turkiye’s Borusan Mannesmann loses appeal against Section 232 tariffs

The company contested the application of the 25% duty on top of existing anti-dumping duties

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