The European Commission welcomes the political agreement reached between the European Parliament and the Council on the measure to protect the EU steel sector from global overcapacity. This is a crucial step towards ensuring the long-term viability of a strategic European industry. The new measure sets duty-freequotas at 18.3 million tonnes per year, with an […]
The EU counters steel subsidies from China
Last March 16, the EU imposed anti-subsidy duties on imports of stainless steel cold-rolled flat products originating in Indonesia and also India. With Indonesia at the forefront, the EU is countering the highly trade-distorting export restrictions on key raw materials — linked also to Chinese financing. Additionally, the EU is taking action against preferential financing […]