24
Mar
14:23
China MES could negate EU LDR removal: Fitch
A European Commission proposal that would allow it to ignore the 'lesser duty rule' (LDR) when setting anti-dumping tariffs on steel imports could reduce Chinese steel exports to the region, Fitch Ratings says. But any impact may be negated if the EU grants China Market Economy Status (MES), as this would effectively limit the level at which the EU could impose tariffs.
The Commission urged last week member states to adopt proposals from 2013 to modernis…
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Anonymous
Very good overview of the weekly steel market.
Anonymous