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EUROFER: China should meet EU’s five market economy criteria for market economy status
The European Steel Association (EUROFER) has announced that the European Commissioners held an Orientation Debate today, on how to proceed with China’s request to grant it market economy status (MES), following the EU-China summit last week at which policy makers attempted to equate reductions in steel overcapacity with the granting of the much-coveted MES designation. Regarding [...]
Ukraine raises export duty on scrap to €30/mt for one year
The Ukrainian parliament (Verkhovna Rada) has increased export duties on scrap from €10/mt to €30/mt for one year effective from July 12, and has also cancelled the export quotas for scrap, according to media sources. Earlier this year, Ukrainian president Petro Poroshenko vetoed the previous draft law to increase Ukraine’s export duty on scrap for [...]
