With the steel safeguard due to expire on 30 June 2026, the European Commission has promised to propose a replacement solution by the end of the year and to adjust the current safeguard as early as April, according to a provisional version of the steel action plan obtained by Agence Europe. This is due to be presented by the European Commission on Wednesday 19 March.
The steel industry has been arguing for several months that the safeguard measure, which sets a tariff quota on steel...