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EU Lifts Safeguards on Brazilian Stainless Steel Imports

Steel News - Published on Tue, 20 Aug 2019

Image Source: ET
BN Americas reported that The European Union has lifted safeguards on stainless steels and profiles from Brazil. Head of Brazil's steel association IABr, Marco Polo de Mello Lopes, said “It is positive as both steel products can now look to gain more market, and also because stainless steels have higher added value.”

However, the EU maintained a specific quota for Brazilian cold-rolled steel products and upheld the exclusion of semi-finished steel from the country

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Posted By : Sanju Moirangthem on Tue, 20 Aug 2019
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