Tag: Safeguards
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European Union Proposes to reduce Quotas on Steel Imports from Existing 5% to 3%
Following the U.S. tariffs on steel and aluminium in March last year in a bid to protect the country from the influx of cheaper imports, European Union (EU) had also placed temporary measures in the form of safeguards last year. These safeguard measures set quotas for 26 grades of steel, including stainless, and were set…