As promised in its steel action plan (see EUROPE B13603A14), the European Commission amended its steel safeguard measure on Tuesday 25 March to further restrict the volume of 26 categories of steel entering the EU duty-free. According to the amendments published by the Commission, the tariff quotas imposed in 2019 and due to increase by 1% each year will in fact only increase by 0.1% between 2025 and 2026. The additional tariff of 25% imposed on imports, once the quota has been used up,...