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24 Mar
13:31

Import quotas need revision amid looming shortages: NASS

The steel industry needs government help, including a change to import quotas, as growing concern over shortages in the third quarter is seeing buyers rush to stock up amid soaring steel prices, was the conclusion of a meeting this week of UK steel distributors’ association NASS’s flat products group. The war in Ukraine is causing lead times to lengthen again. There has been a surge in people buying stock throughout the chain to try and beat price incr…
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