U safeguard measures are expected to be extended for one year from the beginning of July, learns from sources in the market.
The European Commission is yet to publish a proposal on the future of the measures. Sources in Europe, though, report that local steel associations are communicating that a decision is close.
According to rumours, the measures could be extended for a period of one year with an increase of tax-free quotas of 5% compared to the current volumes.
An extension of measures would bewelcomed by steelmakers in Europe, but a decision to extend them only for one year could create further uncertainty in the market, among buyers and suppliers alike.
"An extension until mid-2022 would only mean re-creating the current scenario of uncertainty in 12months," a steel processor says. "Imports need to be ordered many months in advance and the uncertainty over the measures is hurting the possibility to make long-term plans."
Short comments: This will mean that within a year, EU demand for other countries' steel raw materials will not fall, will only rise, is bound to affect domestic steel prices.
Therefore, if you need us to drum closure and drum cap seal, please order as soon as possible.
Power Rationing Sports Carbon Reduction Is UnsustainableJune 30, 2022Recently, Power Rationing has boarded the network hot search again.According to the announcement of relevant departments, the reasons for switching off and power rationing vary from place to place. In...view
Three Identification Of Drum Closure QualityJune 30, 2022Three identification of drum closure quality1. large welding points of plugsThe welding points of plug is used to stick the attachment on the body of plug, and prevent it from falling over during open...view
Liner Bag for 210l Open DrumJune 10, 2023There is no need to clean the inside of the barrel, and the contents are easy to take out by opening the lid, which is hygienic. The liquid items in the drum can be used more efficiently. Product feat...view
VOCs Governance Potential Security RisksJuly 1, 2022In the process of VOCs governance, there are some security risks, if not accurately identified, it may cause a security accident. Combined with the common environmental protection transformation metho...view
Drum Closure: An Essential for Drum Storage and TransportationFebruary 21, 2024The unassuming 55-gallon steel drum – a workhorse of industry and commerce – serves countless purposes, transporting and storing everything from paints and solvents to chemicals and foodstuffs. But ...viewThe Market Is Increasing, And The Development Of China's Steel Barrel Industry Is At The Right TimeJuly 1, 2022After talking about the steel drum itself, let's talk about industry production companies and industry chain dynamics. Due to the rapid development of the steel drum industry and the low requireme...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
