Steel users oppose Morocco HRC safeguard plan

Posted on 17 July 2019
 

Source: Kallanish

Steel users in Morocco are increasingly voicing their concern over the possible launch of a safeguard system to further restrict hot rolled coil imports into the country, Kallanish learns from sources.

Last week FIMME, the local association for the metallurgical, electrical and mechanical sector, explained that it has prepared a memorandum for the local authorities to oppose the current investigation into HRC safeguard measures.

FIMME represents both steel users and steel producers, but for the first time the association has decided to openly oppose further measures on steel.

Morocco has anti-dumping measures against imports of HRC from Turkey and Europe, which expire in September, and a safeguard system covering imports of cold rolled and galvanized coil, rebar and wire rod. The extension of safeguard measures to the HRC market is expected to further support the activities of Maghreb Steel in the country.

    



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