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EU to Unveil Steel Plan Cutting Import Quotas Nearly in Half, Setting 50% Duty Above Quota Limits

Brussels signals a permanent shift to shield producers from Chinese overcapacity.

Overview

  • The European Commission is set to present the package on October 7, with industry chief Stephane Sejourne to brief the European Parliament in Strasbourg.
  • The move would align EU trade defenses with the United States’ 50% steel tariffs and Canada’s higher levies on steel tied to Chinese melt-and-pour.
  • Officials describe the proposal as a replacement for safeguards expiring on June 30, 2026, with measures intended to be permanent once approved.
  • The EU already tightened steel import quotas by 15% from April 1 and is examining aluminium safeguards and export duties on scrap metal.
  • Brussels continues talks with Washington on a tariff-rate quota ring-fencing model as part of a prospective metals alliance.