Wire rod processors have called for the removal of the material from the list of products targeted by the safeguard investigation opened by the European Commission (EC) into imports of steel from non-EU origins.
"The imposition of safeguard measures on imports of this product would only serve to exacerbate the persistent shortages in the market, which we highlighted to the Commission two years ago," Kris Van Ginderdeuren, president of the European Non-Integrated Wire Rod Processors Association (Eunirpa), said on Wednesday May 9.The EC launched a safeguard investigation on March 26 into 26 steel product types in an attempt to prevent the redirection of steel...