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10 Sep
09:59

EU approves safeguard system revision proposal

The proposal published by the European Commission in mid-August to revise the existing EU safeguard measures for steel was approved last week by the member states, Kallanish learns from sources. As a consequence, the changes to the system will become effective as from the beginning of October. The revision includes the decision to reduce the annual increase of quotas from the planned 5% to 3%. As of the beginning of October the quotas available for the…
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