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15 May
10:56

EU steel safeguard measures cause further market debate

The safeguard measures currently under discussion at the European Commission, chiefly aimed at Turkish hot-rolled coil, would help stabilise prices in (north-western) Europe, if effective, observers say. Two weeks ago, Klöckner ceo Gisbert Rühl call caused some bemusement at a press conference when he expressed the belief that coil prices will not soften much further in Europe. This belief may be based on the assumption that the European Commis…
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