The move aims to protect Europe’s steel industry, which faces pressure from global overcapacity and limits on existing safeguards set to expire in mid-2026.
The European Commission plans to introduce tariffs of 25% to 50% on Chinese steel and related products in the coming weeks, German daily Handelsblatt reported.
The move aims to protect Europe’s steel industry, which faces pressure from global overcapacity and limits on existing safeguards set to expire in mid-2026.
China exported about 368,000 tons of steel to the EU in 2024, around 4% of its total exports.
The EU is also monitoring scrap metal imports amid shortages affecting smelters.