Ezz_steel1
kuwait_steel1
imatal4
Ezz_Web_Banner_Side_280x200
qatar_steel2
banner_7_22_300e2
banner_bahrian_600
banner_bahrian_600

European Commission Changes EU Steel Import Quotas

From 1st July 2020, some adjustments to steel import safeguard quotas will be taking place. Announced the European Commission. All country quotas will be managed quarterly instead of annually to avoid storage at the beginning of each period.

The commission has brought together three different regimens to sidestep the crowding out of traditional trade flows.

Regimen 1 will not allow further access to the residual quotas in the last quarter of each period for coated sheets, wire rod, gas pipes, and cold-finished bars. Regimen 2 will see limited access to the unused volumes for stainless plates, merchant bars, rebars, stainless bars, stainless wire rod, hollow sections, stainless tubes and pipes, and wire. Regimen 3 will apply to all other products and will see no change, allowing unlimited access to the quotas for those with exhausted country-specific allocations.

The commission has also reviewed its excluded list of developing countries. Such as Tunisia for metallic coated sheet, the UAE for hollow sections.

In addition to other different countries. Notably, Egypt has been added to the list of countries for which the safeguards for HRC do not apply.

Share on twitter
Twitter
Share on facebook
Facebook

Related News

Ezz-780-1
kuwit-steel3
mih-1

Latest News

About AISU

Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

Information About Union

92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org

All rights reserved Arab Iron and Steel Union | 1971 - 2022

Powered by Mohamed Hamed