EU Toughens Steel Import Rules to Protect Industry from Cheap Competition
The European Union (EU) is fortifying its steel import regulations to safeguard its industry. From June 2026, the EU intends to halve duty-free steel import volumes and double the tariff on excess imports to 50 percent. This action aims to shield European steelmakers from cheaper competition, especially from China.
At present, the EU imposes a 25 percent tariff on steel imports surpassing its quotas. The EU Commission's proposal, if endorsed, will escalate this to 50 percent. This adjustment is part of a wider endeavor to reduce duty-free steel import volumes by approximately half. Apart from Switzerland, other nations with specific steel import quotas into the EU will also encounter these escalated tariffs if their quotas are exceeded.
Brussels' principal objective is to shield the European steel industry from cheaper competition, notably from China. The EU steel sector has been under duress due to overcapacity and low-cost imports, particularly from China. The new measures aim to foster a more level playing field for European steel producers.
The EU's proposed steel tariff increase and quota reduction are scheduled to take effect in June 2026. These alterations, if approved, will significantly influence steel imports into the EU. The EU Commission believes these measures will bolster the European steel industry's competitiveness and resilience.
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