Commission welcomes start of trilogue negotiations on steel measure
Key development
The Commission, represented by EU Trade and Economic Security Commissioner Maroš Šefčovič, took part in the first trilogue negotiations on a proposed steel regulation to address global overcapacity. The proposal would reduce tariff-free import volumes to 18.3 million tons per year (a 47% cut compared to 2024 quotas), double out-of-quota duties to 50%, cover all origins except EEA countries, and introduce a "melt & pour" traceability requirement.
What is being reviewed
The regulation targets the negative effects of unsustainable global steel overcapacity, which is projected to reach 721 million tons by 2027 and is described as a threat to the EU steel industrial base. It also aims to support the EU’s decarbonisation goals and protect 2.5 million jobs linked to steel production.
Stakeholders
Negotiations involve the European Commission, the European Parliament and the Council, and the measure will affect the EU steel industry and linked jobs while excluding EEA origins. The Commission says it will continue to engage constructively with global partners on collective solutions.
Timeline
The three institutions aim to finalise the text swiftly so the measure can be fully in place by 1 July when the current safeguard measure will expire.
Sources
Official Documents
- Commission welcomes start of trilogue negotiations on steel measure EU begins trilogue negotiations on a steel safeguards measure to curb global overcapacity, aiming for entry into force by 1 July.
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