Czech steel industry to face Poland's protective measures

Poland has introduced administrative protection of its steel market against imports. Poland has set a total quota of 670,000 tons on steel imports from WTO countries, and an additional import surcharge of 25 percent on imports exceeding that quota. The extra duty makes the imported products virtually unsellable in Poland. The measure is to remain in place for 200 days and will affect mainly Czech steel companies in Northern Moravia which account for a large portion of Polish imports. Poland says the measure was adopted in reaction to a steep rise in steel imports. The Czech Republic will not retaliate for the time being.