steel import - Latest news GMK Center

Previously, South Africa enjoyed significant advantages thanks to its trade agreement with the EU

The total annual quota for Ukraine is 1.050 million tonnes

These are products from China, Japan and the Russian Federation

At the same time, the sector’s exports of steel products to third countries fell by 33% y/y in January–February

Steel imports from Ukraine will continue to be excluded from UK tariff quotas

Total steel imports into the country fell by 26.3% over the period

The bloc’s new regulation on steel has been published in the Official Journal

New tariffs threaten to cost 30,000 jobs

In May, the country once again became a net importer of steel products

The British Chamber of Commerce and Industry sees risks for the construction, engineering and manufacturing sectors

The share of imports in the domestic market rose to 46%, compared with 38% a year earlier

The country is seeking access to the European market on terms no less favourable than those enjoyed by its competitors