Overview

• The EU will reduce steel import quotas by 15% from April 2025 to counter cheap steel inflows from countries like China, India, and Canada.
• This move is part of the European Steel and Metals Action Plan, designed to protect domestic producers and improve the bloc's strategic autonomy.
• The EU also plans stricter trade defense measures, including a 'melted and poured' rule to prevent mislabeling of steel's origin.
• A pilot program with the European Investment Bank will guarantee long-term power contracts for steel and aluminum producers, with further details expected later in 2025.
• Public procurement rules will be revised in 2026 to favor European steel, reflecting the EU's focus on reducing reliance on imports for critical industries.