EU wire rod, service centers seek safeguard quota revisions

摘要

EU steel wire rod buyers and automotive sector service centers believe safeguard quotarevisions will be necessary and are willing to work with the European Commission, afterregulations opened the door to the possibility of adjusting tariff rate allocations. “The revision is needed because the commission did not take into consideration recentfigures showing an increase in EU consumption as well as reduced availability because ofthe downstream policies of integrated players,” Kris van Ginderdeuren, president ofEUNIRPA, the European association of rod processors, said Thursday.