Definitive measures in the safeguard case into imported steel in the EU "do not take into account the needs of downstream users of steel, such as the automotive sector," the European Automobile Manufacturers' Assn (ACEA) said on Wednesday January 16.
The EU member states voted on Wednesday to support the proposal for definitive measures in the region's safeguard investigation into imported steel.The European Commission (EC) will now finalise the procedure, so that the definitive measures can enter into force from the start of February 2019. The measures will remain in place until July 2021.The EC notified the World Trade Organization (WTO) on January 4 that it intended to impose definitive measures in the form of tariff-rate, partially country-specific and quarterly quotas for 26 steel product categories."These protective...