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  • The European Commission is investigating the possibility of implementing additional trade measures against steel imports

    The European Commission is investigating the possibility of implementing additional trade measures against steel imports. It will focus on the potential diversion of trade which may result from the imposition, by the USA, of a 25 percent tariff on steel imports from a range of countries worldwide. The announcement created further speculation and uncertainty in the marketplace, not only regarding supply alternatives but also the effect that it could have on steel prices – both for flat and long products.

    Read more at US Steel Import Restrictions Unsettle EU Steel Market.

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