protective measures - Latest news GMK Center

The government has announced a new strategy to protect the steel industry

A new strategy for protecting the country's steel industry will be unveiled in the near future

Restoring competitive conditions will require reducing the market share of foreign suppliers

The measures, which will remain in place for five years, apply to cold-rolled and hot-dip galvanized steel products

The proposal provides for their continuation and a gradual reduction in the duty rate

The relevant proposal regarding the duty for a period of 200 days was prepared by the relevant ministry

New EU protective measures will be an additional factor of price pressure in the future

This position may complicate negotiations between European institutions on new protective measures for steel

The country notes that its steel industry does not contribute to the global excess capacity

According to the vote, new EU protective measures should include this position

Protective measures apply to products from five countries

The duty of $223.82/ton will be in effect for 5 years