2020 will be another challenging and, in fact, pioneering year for the European stainless industry.
Recent years have witnessed a continuous decline in crude stainless output among the European peer group of leading stainless steel producers. This trend has been orchestrated by a simultaneous increase in imports of both cold-rolled and hot-rolled stainless steel into the European community; the actual proportions of imports are above 30% for cold-rolled and above 50% for hot-rolled stainless steel.
In order to protect the interests of the European stainless industry by guaranteeing fair competition, the European Commission has reacted with safeguard measures and duties executed in a quota system.Read More
Joost Van Kleef , Oryx Stainless B.V. (NLD), Chairman of the BIR Stainless Steel & Special Alloys Committee