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All steel coil import quotas should be reviewed: ISTA

From argusmedia.com

Quotas for all steel coil products imported to the UK should be reviewed in light of Tata Steel's transition from producer to importer, the International Steel Trade Association (ISTA) has said in response to the Trade Remedies Authority (TRA). The ISTA said Tata's imports of hot-rolled coil to enable the production of cold-rolled and hot-dip galvanised coil (CRC, HDG) could affect imports of the latter, meaning that volumes will also need to be reviewed. ThyssenKrupp Materials Trading said all flat-rolled steel quotas should be suspended during Tata's transition to an electric arc furnace, as its "lack of ... (full story)

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  • Category: Fundamental Analysis