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03 Jul
16:12

Multiple origins exceed EU HRC safeguard quota cap

Egypt, Vietnam, Japan and Taiwan have each exceeded their 15% EU hot rolled coil safeguard quota cap for the third quarter, as expected, immediately after the opening of the new quota term. India has meanwhile exhausted over two thirds of its HRC quota. Egypt, Vietnam, Japan and Taiwan have each had their allowance capped at 141,850 tonnes for Q3, after the European Commission introduced a hotly contested amendment to the Category 1 “other country” quo…
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