European Union Exempts Thailand from Quotas Imposed on Steel Imports

According to the market reports, European Union (EU) has exempted Thailand from the protective steel tariffs for 200 days starting from 19 July 2018. The reason cited by EU for doing the same is that Thailand is a developing country and Thai steel products make up less than 3% of EU’s total steel imports.

Japan and European Union Signs Biggest Free Trade Deal

Mining News Pro - According to the latest reports, Japanese Prime Minister Shinzo Abe and European Union (EU) leaders signed a free trade agreement (FTA) today, eliminating tariffs on the majority of their products to enhance business between the two sides.

European Union Set to Impose Provisional Quotas on Steel Imports

Mining News Pro - After the U.S. government announced the imposition of steep tariffs on steel and aluminium imports under section 232 of Trade Expansion Act in the month of Mar’18, the 28 nations bloc- European Union had also initiated a safeguard investigation on imports of number of steel products into the EU in late March. The Commission, which oversees trade policy in the EU, has started this investigation covering 28 steel grades and products made with steel and the period under study is from 2013 to 2017.

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