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Stainless Steel issues and impacts due to the classification of Nickel
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The case of nickel is very representative for the difficulty of the classification of metals: it is classified carcinogenic by inhalation, which is an impossible exposure route for the massive form unless the metal is in powder form. For the time being it has not been possible to discriminate the classification by forms. In the assessment also the totality of the Ni compounds is classified as carcinogenic. The EU makes little distinction between the metallic form and its chemical compounds.
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Brussels, 25 June 2024 – The EU decision to continue the steel safeguard for another two-year period is a much-needed step towards ensuring the stability of the steel market amidst the highest levels of import penetration ever recorded in the EU. However, as global excess capacity is projected to increase even further in the coming years, a longer-term solution needs to be developed to address this structural challenge, says the European Steel Association.
Joint Statement
The existential threat posed by worsening non-market excess capacity cannot be ignored.