European steelmakers have called on the European Commission (EC) to "retroactively remove" the 5% quota volume liberalization of its import safeguard measures, among other requests to ease pressure on the domestic steel industry.
The current safeguard mechanism will increase the level of tariff-free quotas for each product category by 5% after each year. The first liberalization will take place on July 1 this year. This is the start of the new annual quota period that will run until June 30, 2020.Roeland Baan, chief executive...