{"id":60565,"date":"2026-06-30T18:37:14","date_gmt":"2026-06-30T22:37:14","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/stricter-eu-rules-for-steel-imports-enter-into-force\/30\/06\/2026\/"},"modified":"2026-06-30T18:37:14","modified_gmt":"2026-06-30T22:37:14","slug":"stricter-eu-rules-for-steel-imports-enter-into-force","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/stricter-eu-rules-for-steel-imports-enter-into-force\/30\/06\/2026\/","title":{"rendered":"Stricter EU rules for steel imports enter into force"},"content":{"rendered":"

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FILE PHOTO: An employee walks along coiled steel at Salzgitter AG. EU negotiators have agreed to tighten steel import rules, sharply reducing the volume that can enter the bloc duty-free in a bid to protect domestic producers. (is associated with: \u00abStricter EU rules for steel imports enter into force\u00bb) Julian Stratenschulte\/dpa <\/figcaption><\/figure>\n

Reduced quotas for duty-free imports of steel imports to the European Union enter into force on July 1. <\/p>\n

The aim of the new rules is to protect the European market from global overproduction and cheap competition, particularly from China, India, and Turkey. <\/p>\n

Under the new rules, the duty-free import quota will be limited to 18.3 million tons per year. That is about 47% less than before. Quantities exceeding this limit will be subject to a tariff of 50%, twice as much as before. <\/p>\n

Half of the available duty-free quota is reserved for steel from countries with a free-trade agreement (FTA). The remaining half is available to all trading partners with or without a trade deal with the EU. <\/p>\n

“We are providing market participants with predictability through clear and transparent quota distribution rules, while applying a fair and objective methodology,” said EU Trade Commissioner Maro\u0161 \u0160ef\u010dovi\u010d. <\/p>\n

The approach strikes a balance between the EU’s commitment to its free trade deals, the rules of the World Trade Organization (WTO) and the bloc’s push to diversify critical supply chains, said \u0160ef\u010dovi\u010d. <\/p>\n

The EU is the world’s third-largest steel producer, according to EU figures. Around 300,000 people are directly employed in the sector. <\/p>\n

Due to import restrictions imposed by other countries and global overcapacity, the EU market has, however, become the main destination for the global steel surplus. <\/p>\n

Global steel overcapacity is expected to rise to 721 million tons by 2027, more than five times the EU’s annual consumption. <\/p>\n<\/p><\/div>\n

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FILE PHOTO: An employee walks along coiled steel at Salzgitter AG. EU negotiators have agreed to tighten steel import rules, sharply reducing