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EU Hit by Surge in Steel Imports as US Tariffs Divert Shipments

Summary by Financial Times
Industry calls for Brussels to take urgent action with deliveries of some products increasing by more than 1,000 per cent

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Europe is being flooded with steel diverted from the United States due to high tariffs. In fact, imports of certain products have multiplied by...

The holes have their importance in the economic and business world. Let them tell the steel industry. For months Spanish companies like Acerinox have been denouncing a fraud related to the import of steel, a regulatory hole in a literal and figurative sense. Tubes that arrive from outside the EU must pay a tariff unless, as is the case generally, they carry a hole. Yes, a simple hole causes the pieces to go from cataloging in the customs as a st…

·Granada, Spain
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18:45 Figures from European customs services show that imports of foreign steel to the European market have increased by more than 1,000 percent in the past year. The price has also increased by 86 percent.

·Belgium
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The EU has extended the preferential regime for imports of iron and steel from Ukraine. Illustrative photo: Getty Images The Council of the European Union has decided to extend the preferential regime for imports of iron and steel from Ukraine for another three years. As noted on the website of the Council of the EU, the purpose of the decision is to support the Ukrainian economy, which has suffered as a result of the full-scale war with Russia.…

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trend.sk broke the news in on Thursday, June 5, 2025.
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