EU LONG STEEL OUTLOOK: Mills expected to raise offers ahead of EU safeguard decision

摘要

Long steel prices in EU markets could rise with mills seeking to push offers upward before the announcement of a preliminary decision in Europe's current import safeguard investigation, market sources told Metal Bulletin on Monday July 2.The European Commission (EC) is expected to impose preliminary safeguard measures on steel imports early this month and, under World Trade Organization rules, it should be able to impose final safeguard measures by early next year, according to European steel association Eurofer.