The European Commission (EC) has backtracked on an end-use monitoring procedure which was applied as part of its safeguard measures on imports of hot-dipped galvanized coil (HDG) destined for the automotive industry, it said on Wednesday January 15.
The HDG safeguard was among a raft of such measures that concerned 26 steel product categories, with any imports that exceeded a specific quota becoming subject to duty at 25%.In a review of the safeguard measures implemented on October 1 last year, the EC decided to adjust the quotas for category 4 to restrict the use of category 4B to imports where it could...