EUROFER: Section 232 could undermine partnership between US and EU

Monday, 15 January 2018 16:42:33 (GMT+3)   |   Istanbul

Following the US Department Commerce’s submission of the results of the Section 232 investigation to US President Donald Trump, the European Steel Association (EUROFER) has stated that the EU steel industry has been a long-term and reliable supplier of high quality steels to the US, sending just under three million metric tons of steel there in the first ten months of 2017. Only a small fraction of this has any foreseeable defense application, but even then, the US and the EU member states are NATO allies, EUROFER pointed out. EUROFER noted that any restriction of steel imports from the EU based on Section 232 would undermine this partnership. There are no grounds to suggest that EU steel poses a threat to US national security.

EUROFER also stated that it hopes that President Trump will instead focus on supporting the efforts of the G20 Global Forum on Excess Steel Capacity - rather than applying blanket measures taking national security as a pretext.


Similar articles

EUROFER pushes for safeguard measures despite EU exemption from US tariffs

23 Mar | Steel News

US issues final results of CVD review on rebar from Türkiye

02 Jul | Steel News

US import long steel prices decline amid reports of more imports at US Gulf Coast

01 Jul | Longs and Billet

USWC export scrap market remains bearish as bulk prices to docks fall

01 Jul | Scrap & Raw Materials

EU imposes import quotas on South American finished steel breaching landmark Mercosur trade deal

01 Jul | Steel News

Local Turkish HRC prices fall amid scarcer demand, bearish mood increases after CSQ announcement

01 Jul | Flats and Slab

Local Chinese stainless steel prices mostly stable, next week expected to post slight decreases

01 Jul | Flats and Slab

Ex-Turkey rebar and wire rod offers down $5-10/mt amid low demand, bearish mood due to EU’s CSQ disclosure

01 Jul | Longs and Billet

Billet trade quiet in Turkey amid weak rebar and scrap outlook, prices soft

01 Jul | Longs and Billet

Ferrosilicon prices in local Chinese market - week 27, 2026

01 Jul | Scrap & Raw Materials