Story perspectives
EU Slashes Steel Import Quotas, Boosts Duties to 50%
10/1/2025
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Story summary
- The European Commission plans to cut steel import quotas by nearly 50% and raise duties on excess volumes to 50%.
- The proposal mirrors tariffs by the United States and Canada and will be part of a steel sector package unveiled on October 7.
- Stephane Sejourne briefed steel associations, who were assured their concerns were acknowledged.
