1 of 1
Story summary
- The European Commission plans 25%-50% tariffs on Chinese steel within weeks, Handelsblatt reports.
- Tariffs aim to shield European producers amid overcapacity. EU monitors metal scrap imports to address shortages and emissions.
- Commission President Ursula von der Leyen announced a long-term trade instrument replacing mid-2026 safeguards.
- China’s steel exports are projected to reach 115-120 million metric tons this year.
