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EU Steel Industry Braces for Safeguards Amid Tariff Turmoil

Summary by Oil Price
In September, the European Steel Association (Eurofer) plans to introduce a proposal for an early and intensified safeguard system on imports. According to director Axel Eggert, this would replace the current general safeguard system used by the steel industry. Eurofer stated that the proposed system includes stronger tariff-rate quota (TRQ) protections for European producers, with consistent enforcement across all exporting countries. The trade…

4 Articles

The current situation in the steel industry is "very serious", says Lower Saxony's Minister of Economic Affairs Grant Hendrik Tonne (SPD) - and calls for a steel summit with all participants from the Federal Government.

·Hamburg, Germany
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MetalMiner broke the news in on Monday, July 21, 2025.
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