The European Commission (EC) has initiated a review of its steel import safeguard measures, it said in a notice published in the Official Journal of the European Union on Friday May 17.
The review covers all product categories, with the exception of product category 26, which covers "other welded pipes."The EC "has observed that some of the country specific tariff-rate quota for certain product categories, as well as the corresponding residual tariff-rate quota for the last quarter, have been exhausted at an unusually fast pace (before two months of the five-month period had lapsed) as compared to the traditional level imports," it said.The EC imposed definitive safeguard measures on 28 imported steel products in February, replacing the provisional measures that had been in place since July 2018.Interested parties must send written submissions for review as well as supporting evidence...