EU sets country specific quota allocations under post-safeguard regime

The European Commission has announced that it has set out the detailed country allocation of tariff quotas under the EU’s new steel trade regime. The total annual tariff quota volume of 18.35 million mt will be distributed across 26 steel product categories, replacing the previous safeguard quota administration. Each quota is divided equally into four quarterly volumes. Half of the import quotas have been allocated exclusively to free trade... Read More