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EU to Cut Steel Import Quotas by 15% Starting April 2025

The European Union's new measures aim to shield its metals industry from cheap imports and bolster its military industrial base.

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European Commissioner for Prosperity and Industrial Strategy Stephane Sejourne speaks during an interview with Reuters in Brussels, Belgium March 18, 2025.  REUTERS/Yves Herman/File Photo
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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.