On Friday 18 July, the European Commission opened a consultation – running until 18 August 2025 -– aimed at providing input for its work on the future European steel safeguard. This will replace the current steel safeguard measure, which expires on 30 June 2026. The European Commission plans to publish its proposal before the autumn.
With U.S. tariffs of 50% in force, European steel producers are even more exposed to Chinese overcapacity in this sector.
When asked about the future...