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EU could be flooded with steel if US probe brings bigger tariffs, WV Stahl warns

EU could be flooded with steel if US probe brings bigger tariffs, WV Stahl warns

 

News is brought to you by Mr. Shailesh Karia

 

Published on 8th February, 2018

 

Europe could face a deluge of steel imports previously destined for the United States if Donald Trump’s 232 investigation leads to strict import duties on steel products, German steel association WV Stahl has warned.

 

EU tariffs on imports of cold rolled coil (CRC) from Russia and China led to prices for the material jumping in European domestic markets in 2017, while Russian producers lost margin by having to sell the material at lower prices in less premium...

 

Source : https://www.metalbulletin.com//

 





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