This Morning in Metals: Turkey launches WTO dispute over E.U.’s steel safeguard
Agmetalminer - Turkey opens WTO complaint over E.U.’s steel safeguards
In an attempt to curb the flow of cheap steel into the bloc, the E.U. in 2018 imposed provisional steel safeguards, which became permanent last year.
As a result, the E.U. imposed safeguards on 26 steel product categories through July 2021.
Turkey, the top steel exporter to the E.U., has objected to the measures.
“Turkey claims that the EU safeguard measures, in the form of tariff-rate quotas and additional duties, and the investigation that led to their imposition, are inconsistent with a number of provisions of the Agreement on Safeguards and the General Agreement on Tariffs and Trade (GATT) 1994,” a WTO release said.