steel export

The quota for the export of steel from Serbia to the EU has been increased by about 30 percent

The ironworks in Smederevo, which is owned by the Chinese company Hestil, will be able to export 29.4 percent more steel to the EU market after the decision of Brussels to increase quotas, said today the head of the Department of Metallurgical Engineering at the Faculty of Technology and Metallurgy in Belgrade Nenad Radovic. Radović says that the Ironworks, instead of 120,000 tons of steel a year, will be able to export about 150,000 tons. "This is a significant increase…