25 April 2022 – Rumours of an end to the EU Safeguard measure on certain steel products appear to have been laid to rest with the recent decision to give South Africa its own tariff rate quota. US HRC prices have risen by 50% since the beginning of the year, as the United States has lost its most important pig iron suppliers with Ukraine and Russia. And China lockdowns show once again how important it is to build viable alternatives in procurement. Source
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