05
Jun
09:50
EU confirms safeguard measures for another year
The European Commission (EC) issued a statement to the WTO at the end of last week confirming its decision to extend steel safeguard measures until the end of June 2024, Kallanish notes.
A review of the measures was initiated at the end of 2022.
After careful consideration, the EC noted the safeguard measures continue to be justified, for example by the existence of Section 232 in the US. It added that the gloomy outlook for the European steel sector did not just…
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Anonymous
Very good overview of the weekly steel market.
Anonymous