Sidirex: Controversy over the extension of Europe’s safeguard measures

The European Commission has formally published safeguard measures for steel imports into the European Union for the next three years, so safeguards will be maintained for all 26 categories of steel products, subject to annual review. The extension of the safeguard measures, which pits traders and consumers against the steel mills, will officially come into effect from July 1.

“It’s incomprehensible that the EU chooses to ignore what is happening in the downstream processing and manufacturing sector and clings to a protectionist reflex that is no longer justified in a context of acute material shortages and exceptionally long delivery times leading to constant price increases” says EURANIMI.

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Siderex
29 June 2021
Spanish