European Commission proposes sharp reduction in tariff-free steel imports to EU; doubling of out-of-quota import duty to 50%
The commission expects its new proposal will protect the struggling EU steel industry from the adverse effects of global overcapacity and ensure its long-term sustainability
On Oct. 7, the European Commission proposed several measures to protect the struggling EU steel industry from the adverse effects of global overcapacity and ensure its long-term sustainability.
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