EU will update safeguard measures for HRC and wire rod, and extend them until 2026
European Union (EU) has decided to extend safeguard measures in the steel sector until 2026. This will affect access to tariff rate quota for hot rolled coil (HRC) and wire rod products. The EU's weekly assessment of quota utilization showed that countries' use of wire rod and HRC was remaining slow.
The European Union (EU) announced to the World Trade Organization (WTO) that it will extend its steel safeguard measures until 30 June 2026. This
extension, which will last for another two years, will affect access to the remaining tariff rate quota, particularly for products such as hot rolled coil and
wire rod.
Kaynak: Evrim