EU steel safeguard rules will enter into force in July after member states’ approval
( June 8, 2026, 09:00 GMT | Official Statement) -- MLex Summary: EU member states have adopted new rules to protect the steel industry from the impact of global steel overcapacity and rising imports, which will take effect on July 1. The regulation replaces the current steel safeguard measures with a stricter tariff-rate quota system that reduces import quotas and imposes higher duties on imports above those limits, while also introducing a “melt and pour” requirement to improve traceability and prevent circumvention. The rules also include a stronger review mechanism to allow future adjustments.The statement follows:...
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