EU member states ask EC to extend safeguard measures on steel imports

January 27, 2021 / www.metalbulletin.com / Article Link

A dozen EU member states have called on the European Commission to extend the safeguard measures on steel imports that are due to expire on June 30 this year, according to a letter seen by Fastmarkets on Tuesday January 26.

The letter, dated January 14,  was signed by the governments of 12 countries: Italy, Germany, France, Slovakia, Luxembourg, Finland, Hungary, Poland, Spain, the Czech Republic, Belgium and Bulgaria.
"As the Covid-19 pandemic and the unprecedented economic slowdown in Europe caused by it continue, so does the severe impact on the activity of the steel industry. Demand for steel still hasn't recovered. The use of production capacities remains reduced and several production sites in Europe have been closed.

"At the same time, stock in exporting countries has been piling up. This situation further exposes our industry to the aggressive behaviour of third country...

Recent News

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok