According to sources, Dexin Steel has already started selling some small quantities of HRC as test samples and may soon enter the export market with trial orders. One of the main interests of the company in terms of HRC export sales has been the European market, not only because this market is more cost-effective as compared to the Asian region, but also due to the recent safeguard measures imposed against other Asian suppliers, making ex-Indonesia HRC more attractive. In particular, the new restriction cap of 15 percent imposed on July 1 in the EU, applies to six countries, including Vietnam, Japan, Taiwan, Egypt, Australia, and Brazil, which used to ship their HRC under the residual tariff-rate quota, which means more European buyers will be looking for alternatives like Indonesia, though, according to sources, prices remain an issue as currently local HRC is more competitive.