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EU safeguard measures on steel confirmed

The European Commission has confirmed the terms of its steel import safeguarding measures for the 12 months to June 30, 2024.

Most of the changes to the prolonged legislation remain unchanged from those detailed in its extension proposals submitted to the World Trade Organization (WTO) earlier in June 2023 – including a four per cent liberalisation of quarterly import tonnages.

Under the revised safeguarding measures – Refer to the attached Commisssion Implementing Regulation (EU) 2023_1301 – all developing countries become subject to quotas in categories 4B (metallic coated sheet), 5 (organic coated sheet) and 25B (large welded tubes).

Since the WTO submission, the EU Commission has also included a change which sees all developing countries lose their exemptions for category 28 (non-alloy wire).

Most developing countries have now been granted exemptions from categories 4A (metallic coated sheet) and 24 (other seamless tubes), however, South Africa is included in category 4A.

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