import quotas - Latest news GMK Center

The volume of duty-free imports will be reduced by 47% compared to 2024

The EC has issued an implementing regulation introducing new codes

The government has announced a new strategy to protect the steel industry

In this way, the bloc will ensure the stability of its own processing sectors and promote the green transition

The country's Chamber of Foreign Trade notes that quotas do not reflect actual trade flows

The quota scheme will be in effect for six months, until June 30

The company warns that the trade situation is becoming increasingly difficult

European steelmakers are generally supportive, while trading partners are asking for consultations

The European Commission proposes a substantial reduction in quotas and a 50% tariff on all imports outside the quota

The company cited operational difficulties at two plants

The government will also change its procurement rules and support the industry's transition to new business areas

Turkey selected volumes within nine categories in early July