Industry players are calling on the European Commission to consider implementing a monthly global quota for hot-rolled steel, as reported by Argus. This proposal comes amid concerns over market volatility, aggressive dumping practices, and fluctuating prices in the international steel market.
The proposed quota would regulate the supply of hot-rolled steel, ensuring a more balanced market environment and protecting domestic producers from unfair competition. Proponents argue that such a measure could help stabilize prices, enhance transparency, and provide market participants with a more predictable framework for planning and investment.
As the debate unfolds, stakeholders are closely monitoring the situation, with many expecting that the introduction of a quota could significantly reshape European trade policies and influence global steel dynamics. The European Commission has yet to comment on the proposal, but its potential impact is already a topic of considerable discussion among industry experts.
Vietnam Steel by Hoa Sen Group
