Activity in the European hot-dipped galvanized coil market has been slow this week, with buyers holding back from making new deals ahead of the preliminary decision in the European Commission's safeguarding case.
The EC opened an investigation into 26 steel products in late March, in an attempt to prevent steel shipments being redirected to the EU market as a result of the United States Section 232 import tariffs. Imported HDG is among the products included into the trade case.The EC is expected to announce its provisional findings in the first half of July, according...