EUROFER proposes to the EC to strengthen protective measures against steel

The European Steel Association (EUROFER) has already presented the European Commission with its first views on how to strengthen safeguard measures on steel imports as part of their current review. This was announced by Yuriy Rudyuk, partner at Van Bael & Bellis.

The association proposes to reduce tariff quotas to reflect the decline in steel demand in the bloc. EUROFER has also proposed that the duties applied to imports in excess of the quota should be increased from the current 25% to a possible 32-41%.

In addition, it is proposed to change the methods of quota allocation and set a 15 percent limit in the “other countries” category (the mechanism is already in place for imports of hot-rolled coils and wire rod).

The EBA also requests the introduction of more country-specific quotas instead of residual quotas, the abolition of carry-over from previous quarters, and the abolition of new exemptions for developing countries. Currently, the latter, which are WTO members and have small historical volumes of supplies to the bloc, are exempt from safeguard measures.

In December 2024, the European Commission initiated a functional review of the EU’s safeguard measures on imports of steel products. The review was initiated following a request from 13 member states submitted in late November. They believe that such a procedure is necessary due to changes in trade flows.

Interested parties could apply to the EC in writing by January 10, 2025, and questionnaires from the bloc’s producers were accepted until the same date.

As GMK Center reported earlier, on January 31, 2019, the European Commission imposed definitive safeguard measures on certain steel products. They were initially valid for three years and have been extended twice, most recently until June 30, 2026.

  • Green steel

India sets emission targets for the steel sector

India's Ministry of Environment, Forest and Climate Change (MoEFCC) has published draft rules on greenhouse…

Thursday June 26, 2025
  • Companies

Metinvest increased environmental spending and improved energy efficiency in 2024

In 2024, despite the difficult conditions of war, Metinvest Group increased its environmental spending and…

Thursday June 26, 2025
  • Global Market

US increased its imports of rolled steel by 10.4% m/m in May

According to data from the American Iron and Steel Institute (AISI), US steel companies increased…

Thursday June 26, 2025
  • Industry

Primetals’ EAF Quantum in China sets world record

Two Quantum electric arc furnaces from Chinese steel producer Hubei Shunle, supplied by Primetals Technologies,…

Thursday June 26, 2025
  • Global Market

Spain increased steel production by 5.7% y/y in January-May

Spanish steel companies increased steel production by 5.7% in January-May 2025 compared to the same…

Thursday June 26, 2025
  • Companies

Marcegaglia will supply its plant in Fos-sur-Mer with nuclear energy from EDF for 10 years

Italian steel company Marcegaglia has signed a letter of intent with French energy giant EDF…

Thursday June 26, 2025