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No hit seen to Chinese steel exports from EU safeguards

 

Date:[2/14/2019]    Source:Shandong Hai Steel Co.,Ltd

 

No hit seen to Chinese steel exports from EU safeguards

The European Commission’s definitive safeguard measures on imports of steel products which took effect from February 2 are unlikely to hurt China’s steel exports, according to Chinese market sources Wednesday.
The measures concern 26 steel product categories and consist of tariff-rate quotas above which a duty of 25% will apply. The definitive measures will replace similar safeguards imposed provisionally since July 2018, except that the number of categories covered has risen from 23 to 26
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