Following the UK, the European Commission has begun consultations on legislation that will replace the existing steel import protection mechanisms, which expire on June 30, 2026.
The European Commission's demand to provide evidence is prompted by growing concerns about the excess capacity of global steel production and the consequences of sanctions. The rising import duties of the United States, which may lead to the redirection of growing volumes of cheap steel to the EU.
The responses of steel market participants to the new consultation[/url], which will last until August 18, will be published in the send a Commission proposal on a replacement trade protection mechanism. The report is expected to be published in the third quarter of this year.
The recently launched consultations followed recent changes that have tightened the protective measures introduced by both[url= / / /gb/en/news/revised-eu-steel-import-safeguard-measures-confirmed]by the EU and Britain.
EU trade protection is a key part of the broader action plan of the Steel and Metals Commission, which aims to maintain the viability and competitiveness of the European steel industry. This plan is developed in accordance with the high-level agreements reached earlier this year, including the Strategic Dialogue on Steel, organized by the President of the European Commission Ursula von der Leyen.
The European Commission warns that without taking action, the current tariff quota system, which provides for a 25% increase in steel prices, will expire. Duties on steel imports in excess of quotas may lead to the EU steel sector facing growing imports at low prices.
"During our monthly research, we have heard growing concerns in the market about what will happen when the current protective measures expire," said MEPs John Carruthers-Green, a steel market analyst.
" This consultation provides stakeholders with a valuable opportunity to help shape future trade policy in a way that reflects market realities. Now is the time for representatives of the steel supply chain to express their opinions."
Review of steel protection measures in the UK
Earlier this month, the UK government's Department of Business and Trade launched a similar program. The consultation, which is open for applications until August 7, 2025. The answers to the questions received during the consultations will help determine future measures to protect the steel trade in the country after the expiration of existing protective measures in June 2026.
The UK's protective measures were taken when the country was still
