Spain asks EU to review steel safeguard after Brexit

Monday, 14 October 2019 14:42:19 (GMT+3)   |   Istanbul
       

In a letter to the EU Trade Commissioner Cecilia Malmström, Spanish Minister of Industry, Commerce and Tourism, Reyes Maroto, asked the European Commission to carry out a review of EU safeguard measures against steel products, once the Brexit occurs, according to local media reports.

The Minister underlined that the EU steelmakers are in a difficult situation, to the point of considering the closure of some production lines and plants due to low domestic demand and competition from imports.

Spanish Minister pointed out that once the UK leaves the Union, the quotas should be recalculated and she believes that in some categories, the impact could be significant.


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