Steel News

EU Countries Approve Steel Safeguard Revisions

9/4/2019 - European Union governments have OK'd tighter restrictions on steel imports, lowering the threshold at which 25% duty on certain grades applies, the Reuters news service reports.

The revision to its steel safeguard measure comes as European producers face increasing competition from imports that otherwise would have been sold in the United States, had it not been for the Trump administration’s Section 232 tariffs.

Reuters has more here.