EC reduces quota increase in steel safeguard review
Aug 15, 2019
S&P Global, London
The European Commission has reduced the planned increase in tariff-free steel quotas to 3% from 5% across all product categories, noting that 2018 was a record year for shipments to the EU. The announcement, published Wednesday on the EC website, followed a review of market safeguard measures imposed February 2.
"This less-pronounced liberalization means that...
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