Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Swiss Chide EU Over Steel Import Curbs

November 21, 2019

© Henry / Adobe Stock
© Henry / Adobe Stock

Switzerland criticized on Thursday measures the European Union has adopted to curb steel imports amid a global trade spat, saying they harmed the Swiss steel industry.

The European Commission last month revised safeguard measures introduced in July 2018 and decided to reduce the annual increase in quota volumes, the government said in a summary of talks on the status of a bilateral free trade deal. "These changes threaten to further restrict bilateral steel trade between Switzerland and the EU and harm the Swiss steel industry, which is closely interlinked with the EU steel and automotive industries. Switzerland continues to lobby the EU for unrestricted trade in steel products," it said. 

(Reporting by Michael Shields; Editing by John Miller)

Logistics News

Cocoa Futures Drop While Sugar, Coffee Steady

Cocoa Futures Drop While Sugar, Coffee Steady

Maersk Orders 26 Large Containerships in Fleet Renewal

Maersk Orders 26 Large Containerships in Fleet Renewal

October Deliveries of Aramco Crude Halted to Some European Refiners

October Deliveries of Aramco Crude Halted to Some European Refiners

London Marine Insurance Market Widens Black Sea Risk Zone

London Marine Insurance Market Widens Black Sea Risk Zone

Subscribe for Maritime Logistics Professional E‑News

Virginia tightens restrictions on data centers amid political backlash
Election in Russia sparks a dispute with Moldova about voting in a separatist region
Denmark accelerates Ukraine aid package following Russian warship firing flares at helicopter