Group 1 - The European Commission is proposing to reduce steel import quotas by nearly half and increase tariffs on over-quota imports to 50% to align with the tariff policies of the US and Canada [2][4] - The new measures are part of a steel industry plan to be announced on October 7, which aims to replace the current temporary protection mechanism that is set to expire in mid-2026 [3] - The current import quotas are 26% higher than initial levels, while market demand is declining, prompting the steel industry to push for these changes [3] Group 2 - The proposed tariff increase will align the EU with the US and Canada, although the US has not set import quotas [4] - The OECD predicts that global steel overcapacity will reach 721 million tons by 2027, and the EU and its Western allies are attempting to curb this overcapacity [4] - The EU is also considering protective measures for aluminum products and the imposition of export taxes on scrap metal [4]
欧盟出手：钢铁进口配额将腰斩，关税税率翻倍至50%！
Jin Shi Shu Ju·2025-10-02 10:20