EU-THAILAND FREE TRADE AGREEMENT EXPECTED TO ELIMINATE IMPORT TARIFFS FOR EU STEEL

A free trade agreement (FTA) resulting from negotiations announced last week between the European Union (EU) and Thailand is expected to eliminate import tariffs still imposed on some European steel products, such as flat-rolled products of non-alloy steel and bars and rods. Thailand still levies a 5% import duty on this kind of products, according to information provided by the European Commission’s directorate general for trade.Referring to the Thai steel company Sahaviriya Steel Industries (SSI), which has bought the former Tata Steel UK plant Teesside Cast ...


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