protective measures

The EU and the US are expected to reach a Global Agreement on Sustainable Steel and Aluminum Production this week

The country's commerce ministry believes it will disrupt global supply chains

The US has asked the bloc to take action in exchange for avoiding Section 232 tariff rollbacks

Countries have closed pending disputes at the WTO

The review will cover 15 categories of steel products

Four changes are proposed, feedback will be collected until mid-October

Market participants assume that Indonesian products are imported into the EU after minimal processing in third countries

The agreement that suspended the anti-dumping investigations regarding these imports has been terminated

Currently, pressure from Asian countries has increased on the European market

The government has canceled anti-dumping duties for some companies whose products are subject to protective duties

A preliminary anti-dumping duty on the company's products has been in effect since August 3

The parties aim to reach an agreement by October 31, 2023