13,115.13 TRY BIST 100 BIST 100
51.01 EUR EUR EUR
44.21 USD USD USD
6.47 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.38 TRY Interest Interest
112.26 USD Fossil Oil Fossil Oil
5.46 USD Copper Copper
106.15 USD Silver Silver
109.20 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,886.71 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

EU HRC importers set to pay fourth quarter duties

European importers of hot rolled coil are preparing to find out the amount of safeguard duties they will have to pay on HRC imports previously ordered and processed at EU Customs this week.

EU HRC importers set to pay fourth quarter duties

According to the European Commission's official system, more than 1 million tonnes of HRC from countries without safeguard measures allocated to a specific country are being withdrawn from customs this week. However, a total of 933,743 tonnes of duty-free allocations are available for October-December, so the 25% duties on excess quantities will be shared equally among all importers.

Countries supplying HRC to the EU without a specific country quota include Japan and Egypt.

Similarly, tensions are growing among HRC importers from South Korea. The country's quotas were fully utilised last quarter and 186,030 tonnes of new quotas are currently available, but around 100,000 tonnes are awaiting customs clearance.

Looking at imports of other rolls, importers will also face duties on other imports: Over 130,000 tonnes of metal-coated coils from China are awaiting customs clearance, which is more than the allocated quota of 127,995 tonnes.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

OMK pipe shipments drop 38% in January–February 2026

Thursday, March 19, 2026

UK Steel welcomes the United Kingdom Steel Strategy

Thursday, March 19, 2026

POSCO Future M signed KRW 1 Trillion agreement for anode materials

Thursday, March 19, 2026

IEEFA: Global competition intensifies as the high-grade iron ore market expands

Thursday, March 19, 2026

Missile attack on the world's largest natural gas field in Iran

Thursday, March 19, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now