04
Jan
10:16
EU HRC importers to pay first-quarter safeguard taxes
Importers of hot rolled coil into Europe are set to be requested to pay part of the 25% safeguard duties, as volumes currently being cleared at customs have exceeded the allocated first-quarter quota.
Similarly to what happened in Q4 2023, there are almost 1.1 million tonnes of HRC waiting to be cleared under the “other countries” sub-group. This figure exceeds the tariff-free available quota by some 170,000t, meaning that importers could be requested …
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Anonymous
Very good overview of the weekly steel market.
Anonymous