Imports of hot rolled coil (HRC) into the European Union (EU) rose by 5.8% to 3.52 million tonnes during the first five months of 2018 from 3.3 million tonnes in January-May 2017, according to regional steel association Eurometal.
Import volumes of Russian-origin HRC into the EU rose sharply to 749,000 tonnes in January-May 2018 from 147,000 tonnes a year earlier.In October 2017, the European Commission (EC) imposed fixed charges in the range of ?,?17.60-96.50 ($20.36-111.62) per tonne as a definitive trade defense measure in the case against HRC originating from Brazil, Iran, Russia and Ukraine.Russia's Severstal was the only company that was assigned a relatively low fixed penalty at...