The decision, approved by the European Commission for 26 steel products, will remain in effect until June 2024.
According to this decision, import quotas help regulate and recover steel products imports in European Union countries. The stated quotas have increased by 4% as of July 1, 2023.
Looking at the first half of 2023, it is seen that many countries have reduced their steel exports to the European Union. Therefore, it is also known that most steel quotas are not filled.
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