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EUROFER: Safeguard measures unable to protect steel market against recession-The 21st China(Guangzhou) Int’l Forging Industry Exhibition
10/10/2019  - Forging Industry exhibition - Forging expo
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    According to the report, the European Steel Association (EUROFER) explained that the latest measure of free tariff quotas to limit the concentration ratio of import steel products from certain countries and drive the trade more stable. 

The EUROFER stressed that this trade reformation has helped to improve the current situation, especially the domestic steel mainly ongoing sluggish demand. In addition, the EUROFER also suggested that the international community must alleviate the overcapacity and the crisis of overcapacity was the challenge in the current EU steel industry.

Some market participants stressed that the forum of G20 would still continue to address the relevant issue of steel overcapacity, prompting China, Indonesia, Iran, Russia or Turkey to stop manufacturing steel products and avoid causing harm to the global steel market indirectly. 锻造展-第二十一届广州国际锻造工业展览会 -The 21st China(Guangzhou) Int’l Forging Industry Exhibition - Forging Industry exhibition, Forging Industry expo, 2020 Forging Industry exhibition, 2020 Forging Industry expo, China Forging Industry exhibition, China Forging Industry expo, Forging exhibition, Forging expo, 2020 Forging exhibition, 2020 Forging expo, China Forging exhibition, China Forging expo
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