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The European Commission has adopted a decree redistributing quotas for steel imports into the EU that had until now been intended for Russia and Belarus.

Quotas for the export of certain types of steel have thus been increased for Serbia, the Serbian Chamber of Commerce announced.

Assistant Director of the Sector for Strategic Analysis, Services and Internationalization of the Serbian Chamber of Commerce Bojan Stanić pointed out that he believes that our companies in the steel industry, which are also large exporters, will know how to use this change in European regulations.

“Serbia’s steel industry has been limited by EU quotas on steel imports for several years, although there is a Free Trade Agreement with the EU”, he said.

Serbia has increased the specific quota for category 1, while for categories 3A, 3B, 7, 12, 13, 16, 19, 21, 24, 25B, 26, 27 and 28 the residual quotas that our country can use have been increased.

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