After two sessions of interinstitutional negotiations (trilogues) without any decisive progress (see EUROPE B13831A25), the European Parliament and the Council of the EU finally reached a political agreement aimed at protecting the European market from global steel overcapacity on Monday 13 April.
As the safeguard measures taken in 2018 expire on 30 June (see EUROPE B13831A25), the Regulation aims to limit imports on a permanent basis in order to protect the European steel industry.
In...