world of steel A Division of Ellias International




Home >Todays Steel News


U.S. steel tariffs impacting EU market - German steel association

U.S. steel tariffs impacting EU market - German steel association

 

News is brought to you by Mr. Shailesh Karia

 

Published on date 11th May 2018 .

 

FRANKFURT (Reuters) - U.S. steel tariffs have led to an increase in volumes on Europe’s steel market as some manufacturers divert their product to the European Union, the head of Germany’s steel association told a newspaper.

 

“In the first three months (of 2018), imports from Russia rose by 139 percent from a year earlier, those from Turkey by 76 percent,” daily Neue Osnabruecker Zeitung quoted Hans Juergen Kerkhoff as saying in an interview published on Monday.

 

He urged the EU to quickly implement measures to prevent foreign steel from flooding the EU market, for instance by imposing its own quotas or tariffs.

 

Source : https://uk.reuters.com//

 





     Home  |  About  |  Contact  |  Terms of Use  |  Privacy Policy
World of Steel® is a Registered Trademark in USA, China, India and EU