European Union aims to protect steel industry by cutting imports and raising tariffs

In an effort to safeguard the European steel industry, the European Commission proposed significant reductions in steel import quotas along with an increase in import tariffs. These measures were presented in Strasbourg by European Commissioner for Industry Stéphane Séjourné and European Commissioner for Trade Maroš Šefčovič on October 7, 2025. The import quotas for steel will be halved, limiting tariff-free imports to 18.3 million tons annually, down from previous levels. Additionally, a 50 percent tariff will apply to steel imports that exceed these quotas, a substantial increase from the current 25 percent. The decision comes amid growing concerns over the flooding of the European market with cheap steel from non-EU countries, particularly China, due to overcapacity in foreign markets. The EU imported around 30.5 million tons of steel the previous year from countries including Turkey, India, China, and Ukraine, leading to fears of market destabilization. The Commission's new regulations aim not only to protect local manufacturers but also ensure the economic security and strategic autonomy of the European Union. Stéphane Séjourné emphasized during his comment that the steel industry is critical for the competitiveness and future sustainability of the EU market. In light of recent tariff actions taken by the United States and Canada, the EU aims to establish stronger customs measures to mitigate the impact of potential dumping practices from countries with excess production capacities. If approved, the new steel import rules are set to be enforced as early as June 2026. Furthermore, Slovak steel producers are expected to benefit from these protective measures, as they have been increasingly challenged by the deluge of foreign steel. Maroš Šefčovič expressed optimism that these protective measures would enhance job security within the industry, create new opportunities for sustainable business models, and foster regional economic stability. Ongoing discussions with American partners may lead to a mutual understanding about trade customs related to steel, paving the way for a more collaborative approach in managing steel production challenges.