steel industry

EU Steel Origin Rules Increase Compliance Pressure on Serbia’s Smederevo Plant

Steel producers in the European Union markets are facing stricter requirements on origin documentation as new trade rules place greater emphasis on tracing where steel is first melted and poured, creating new compliance obligations for exporters in nearby non-member countries such as Serbia. The updated regulatory framework requires steel suppliers to report detailed information on production origin, including where steel is melted, poured, processed and transformed. The measure is intended to prevent rerouting of steel through third countries in order…