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28 Jun
14:05

EU steelmakers welcome safeguard extension

European steelmakers association Eurofer has welcomed the final decision by the European Commission to extend safeguard measures for a further three years beyond 30 June. “The conditions that required the launch of the safeguard initially are still very much present – including global steel overcapacity and US Section 232," Axel Eggert, director general of Eurofer, says in a note sent to Kallanish. The safeguard tax-free quotas are now set to be …
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