Tag: EU steel safeguard

The European Commission blocked the merger of ThyssenKrupp and Tata Steel
China EU trade policies Latest news Steel United States

Auto vs steel industry battle intensifies over import safeguard

The European Union is reviewing a safeguard it introduced earlier in 2019 to relieve steel producers from inexpensive imports in a market it feared would be flooded by cheap products in the aftermath of the US’s Section 232 steel import restrictions. The measure pits embattled European steel producers against the …

The US introduced steel import restrictions on national security grounds in 2018
EU FTAs & bilateral ties EU trade policies Latest news Steel Ukraine, Russia & CIS World Trade Organization WTO dispute settlement

Steel: EU to stop duplication of safeguard and anti-dumping duties, faces new Russian WTO complaint

The European Union’s safeguard on imports of steel enacted earlier this year has made many EU trading partners and large chunks of Europe’s manufacturing industry unhappy. The import restrictions were enacted to avoid the steel industry taking an unnecessary hit from the global trade frictions triggered after the United States …