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03 Jan
10:10

EU quotas suggest 5% annual increase until mid-2021

The European Commission has prepared a draft document on the final decision over permanent safeguard measures on imports of a number of steel products into Europe. This indicates that tax-free quotas will rise by 5% annually until mid-2021. Despite this clause, traders are expressing their concerns as the system imposes further limits compared to the temporary measures currently in place, Kallanish understands. As an example, as anticipated the quotas …
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