MEIS 2018: GCC countries turn to protectionism to defend steel industry against Section 232
Published: Tuesday, 18 December 2018
Speakers at Fastmarkets MB’s Middle East Iron and Steel event stressed the urgency of shielding local steelmakers from the knock-on effects of the United States’ Section 232 tariffs although over the longer term GCC industries must find ways to become more competitive.
Gulf Cooperation Council (GCC) countries are not averse to
using protectionist measures to defend the regional steel
industry against the knock-on effects of United
States’ Section 232 tariffs, speakers said...