The European Union plans to revamp its steel-import restrictions to quard against major market distortions as the bloc's economy recovers from the effects of the pandemic.The proposed changes apply to EU import curbs introduced two years ago to prevent a controversial 25% us. lev on foreian steel from divertina alobal shipments to the European market and flooding it.The Furonean safequard measures involve a 25% tariff on FU imnorts of 26 types of steel rangina from stainless hot-rolled and cold-rolled sheets to rebars and railway material when the shipments exceed a threevear average. The planned overhaul stops short of quota cuts demanded by European producers."t is fundamental that the aradual resumption of activity and return to normality take place in an orderly manner, in such a way that all participants in the EU steel market find their traditional place." the Brusselsbased European Commission, the bloc's executive arm, said in a notice published last Friday evenina. The changes are due to take effect on July 1.The coronavirus sent the European economy into a tailspin shortly after the commission in February began a routine review of the EU steel-import linits. Slumps in the region's consumption and production of the metal sparked concerns about stockpiling in exporting countries such as China and a possible surge in shipments to Europe as national lockdowns are eased."The proposed adjustments should deter any undue stockpiling behavior in the very early phases of the recovery that could empty the market in an opportunistic manner," the commission said. "These opportunistio practices not only seriously endanger the obligation to preserve traditional trade flows in terms of origins. but also risk unduly displacing domestic production.
Cangzhou Steel Pipe Group (CSPG)Co.,Ltd.
No.92 JieFang East Road ,Cangzhou City, Hebei,P.R.China.
CSPG has more than eighteen years history company which located in Lecong Iron and Steel World, a well-known steel distribution center in China, with superior geographical position and convenient water and land transportation.
We are a direct-selling manufacturer specializing in the research and development of spiral steel pipes, steel spiral pipes, anti-corrosion steel pipes inside and outside. Since its inception, the company has been guided by a brand-new thinking of steel pipe product market based on the business philosophy of honesty, pragmatism and knowledge-seeking.