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EUNIRPA warns against oligarchization of European steel industry

Friday, 21 October 2016 17:22:40 (GMT+3)   |   Istanbul
       
The European non-integrated wire rod processors association EUNIRPA has expressed its concern about the continued shortage of commercially viable quantities of mesh grade wire rod in Europe to serve the urgent needs of its members.

According to EUNIRPA, securing sufficient volumes of feedstock from a variety of sources at competitive prices is an essential condition to allow this user industry to survive in this highly competitive market. For this reason, EUNIRPA is highly concerned about the adverse consequences that a misuse of trade policies could bring to the non-integrated steel industries and in particular non-integrated wire rod processors, because this could lead to the supplies of raw material being limited to a handful of oligarchic EU producers.

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