04
Aug
08:41
EU should align quotas with Covid-19 demand: Aperam
French stainless steel producer Aperam expects unrevised third-country EU import quotas for stainless hot rolled flat products to yield increasing import pressure in the second half of 2020.
The European Commission decided to make country quotas quarterly to straighten out import flows and prevent a repeat of the H2 2019 import surge. However, Aperam believes the Commission needs to align quotas with the Covid-19-induced demand drop in Europe.
“Current qu…
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Very good overview of the weekly steel market.
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