Tag «EUROFER»

US SECTION 232 TARIFFS COME INTO FORCE; EU EXCLUDED FROM MEASURE; EUROFER WARNS SAFEGUARD STILL NECESSARY

EU steel safeguard must “prevent import surges” but “ensure EU market access to international steel flows” says European steel industry Brussels, 23 April 2018 – In March the European Commission launched a safeguard investigation to shield the industry against a sudden surge of imports in the wake of the US’ decision to impose blanket tariffs …

EUROFER welcomes Commissioner Malmström announcement of EU response to section 232 threat

Brussels, 7 March 2018 – The European Steel Association (EUROFER) has warmly welcomed the announcement made today by Commissioner Malmström. The steel sector  strongly supports the three-tracked response of the EU of challenging the US’ measures before the WTO, safeguarding our industry, and rebalancing trade. “Taking measures to protect the European industry against trade deflection …

“US choses global trade confrontation” warns EUROFER as President Trump adopts Section 232 National Security trade measures on steel   

Brussels, 1 March 2018 – President Trump has decided to impose a US import tariff of 25% on steel imports.  The tariff covers all steel coming from all countries totalling 35 million tonnes representing a value of $30 billion (2017). President Trump has chosen the most disruptive option among those recommanded by his Secretary of …

Do not pull trigger on trade war – urges EUROFER as President Trump receives Section 232 report

Brussels, 17 February 2018 – President Trump has been handed the Section 232 report on steel imports into the United States. The Section 232 report, commissioned in April 2017, is the result of US legislation permitting import restrictions to be imposed on national security grounds. The European Steel Association (EUROFER) warns that deployment of blanket …

EUROFER welcomes deal at Global Forum on Steel Excess Capacity

Brussels, 01 December 2017 – The Global Forum on Steel Excess Capacity ministerial-level meeting has agreed on principles and recommendations whereby countries and regions should dismantle market-distorting subsidies and other government support measures and share data and information on the process of capacity reduction. “The framework is an expression of real political commitment to address …

Minimum Import Prices for Hot Rolled Flat steel “will not stop dumping”, says EUROFER

Brussels, 20 July 2017 – The European Commission has released details of its proposed anti-dumping measures on Hot Rolled Flat (HRF) steel[i][i]. The proposal for a Minimum Import Price (MIP) sets an unworkable precedent that allows for the continuation of dumping and, as a consequence, promotes overcapacity in exporting countries. “Dumping, injury and causality have …