Overview
- The European Commission proposed halving the tariff‑free annual steel import quota to 18.3 million tonnes and applying a 50% duty on volumes above that level.
- Brussels intends the measure to replace the current safeguard regime that applies 25% duties beyond quotas, with the proposal now awaiting approval by EU member states and the European Parliament.
- UK industry bodies warn of an existential threat as about 78–80% of British steel exports go to the EU and say millions of tonnes excluded from the EU could be redirected to the UK without new protections.
- The UK government says it is seeking urgent clarification from the Commission, with Prime Minister Keir Starmer and ministers in talks and officials exploring stronger trade measures and country‑specific quotas.
- EU officials frame the move as necessary to protect jobs and enable decarbonisation, and they are pursuing a transatlantic ‘metals alliance’ with the United States to coordinate on global overcapacity and import diversion.