UK exhausts further CRC quota

The UK has exhausted numerous further third-quarter steel safeguard quotas, including cold rolled coil from Vietnam and metallic coated sheet from Taiwan, UK steel distributors’ association NASS informs Kallanish.

This follows the exhaustion last month of the CRC from “other countries” quota.

Also exhausted are merchant bars and light sections from the EU, and gas pipe from India.

Meanwhile, over 90% of quotas have been exhausted for hot rolled coil from Russia, organic coated sheet from South Korea, quarto plate from Ukraine, merchant bars and light sections from Turkey, rebar from Russia and gas pipe from Turkey.

Last week the Trade Remedy Authority (TRA) launched a review of its previous recommendation to terminate safeguard measures on the imports of nine steel products.

Adam Smith Germany