Connect with us

European Commission

Commission imposes definitive safeguard measures on certain ferroalloys 

SHARE:

Published

7 months ago

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

The European Commission has taken an important step to protect the EU's ferroalloy industry – which employs some 1,800 people in the EU – by imposing definitive safeguard measures on imports of certain ferroalloys into the European Union. This decision brings to a close an 11 month-long legal procedure and investigation.

Ferroalloys are important for making steel, helping to improve its strength, hardness, and resistance to corrosion. They are crucial in the construction, automotive, aerospace or military industries, for example, improving the quality and performance of steel in sectors where high-performance and durability are vital.

The decision to impose definitive measures follows a safeguard investigation initiated in December 2024, which concluded that an influx of these imports into the EU is causing serious injury to the EU-based ferroalloy industry.

The Commission has ensured that the measures imposed today are compatible with the EU's commitments under existing bilateral or regional trade agreements with third countries.

Trade and Economic Security, Interinstitutional Relations and Transparency Commissioner Maroš Šefčovič (pictured) said: “The EU cannot afford to let a strategic industry collapse under the weight of rising import pressures. A tariff rate quota-based safeguard - designed in close coordination with our industry - is a necessary and responsible step to defend our industrial resilience.” 

More information is available in the press release.

Advertisement

Share this article:

Share this:
Related Topics:
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.
Advertisement

Trending