Turkish mills demand counter measure move on EU steel

摘要

Drawing attention to the European Commission's latest notification to the World Trade Organization that it could begin to impose a country-specific quota on HRC imports as of July 1, instead of a global quota, which is expected to especially impact Turkey's exports to the region, the Turkish Steel Producers' Association (TCUD) has called upon the Turkish government to impose similar counter measures on steel imports from the EU. "Our overall steel exports to the EU region fell by 44.4% year on year in the first four months of 2020, while our hot-rolled coil shipments declined more significantly by 47% on year," TCUD said, adding that Turkey's steel imports from the EU, however, rose by 6.5% on year in that period.