Eurofer Calls for 50% Quota Tariff Post-Safeguard to Protect EU Steel Industry

Post Views: 402 Eurofer tariffs Introduction: Eurofer’s Proposal for Stricter Trade Defense Measures Eurofer, the European steel association, has proposed a 50% out-of-quota tariff after the safeguard measure expires in 2026. This aims to address the surge in steel imports, which now make up 30% of total supply at lower prices than domestic production. Mario Arvedi Caldonazzo, CEO of Italian steelmaker Arvedi, stressed that this tariff is critical for the future of the EU steel sector. Proposals on this measure are expected in mid-July.   Eurofer’s Strategy to Safeguard the EU...