Turkish Steel Targeted for EU Tariffs to Help ArcelorMittal
- Bloc probes alleged ‘dumping’ by Turkey of hot-rolled coil
- Duties would aid European producers in a $17 billion EU market
The EU’s supply of hot-rolled coil in 2019 was roughly 31 million metric tons.
Photographer: Rich Press/Bloomberg
This article is for subscribers only.
Follow us @middleeast for more news on the region.
The European Union threatened to impose tariffs on steel from Turkey in the latest sign of concerns by EU-based producers such as ArcelorMittal and Thyssenkrupp AG about low-cost imports.