Economy
Commission imposes definitive safeguard measures on imports of #SteelProducts
The European Commission has published a regulation imposing definitive safeguard measures on imports of steel products. The measures took effect on 2 February, and will replace the provisional ones of July 2018 put in place as part of the European Union's response to the decision by the United States to impose tariffs on steel products, a measure that causes a diversion of trade flows into the EU.
The Commission investigation showed that imports of steel products into the EU have been increasing sharply, which seriously threatens EU steelmakers. The definitive safeguard measures published today have been carefully shaped to preserve a continued flow of imports that guarantees effective competition in the European steel market and sufficient choice for the numerous EU users of steel. They are also in full compliance with the WTO rules. The measures concern 26 steel product categories and consist of tariff-rate quotas above which a duty of 25% will apply. The main supplying countries will benefit from individual quotas based on their own historical imports.
For more information please see the full press release and the text of the regulation.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Referendum in Kazakhstan
Illegal disposable vapes flooding Europe, new study warns
Post-Brexit immigration policy 'did not lead to the drastic falls in immigration' - new study
Commission approves €260 million Belgian state aid for carbon capture and storage project
Proper energy label display at the points of sale: Results of new monitoring activity indicate room for substantial improvement
ETIAS and the future of youth mobility between the UK and Europe
Barry Cowen MEP welcomes European Parliament report on housing crisis as key step towards unlocking delivery
More needed to tackle gender inequality, says top EU official
Military to be deployed to support police in securing Jewish sites in Belgium
Guimarães 2026 European Green Capital Magazine: A vision for sustainable cities
Commission and EU countries co-ordinate and assess the situation in the oil and gas markets
The Sea and Culture Museum: Bringing Latsi’s maritime heritage back to life
Commission adopts new state aid rules to boost the use of more sustainable ways of transport
Northern Light Composites: Giving boats a second life
African liquefied natural gas (LNG) could be Europe’s lifeline as Middle East and Russia crises escalate
The European Union is interested in intelligent border management of the South Caucasus together with Azerbaijan
Japan should face up to history and contribute more to regional peace
Ambassador calls for 'speeding up' of co-operation between EU and Kazakhstan
Timur Turlov at Smart Moves Summit 2025: How chess can transform global education
Shevtsova’s case: Out-of-court sanctions dismantling trust in Ukrainian cause
The future of European transport
Trump Vs Trueman
US 'no longer' an 'unconditional ally' for Europe - MEP
MEP warns tariffs could cause 'huge disruption'
-
Kazakhstan2 days agoReferendum in Kazakhstan
-
Health5 days agoIllegal disposable vapes flooding Europe, new study warns
-
Brexit4 days agoPost-Brexit immigration policy 'did not lead to the drastic falls in immigration' - new study
-
Belgium4 days agoCommission approves €260 million Belgian state aid for carbon capture and storage project