9,807.50 TRY BIST 100 BIST 100
36.37 USD USD USD
5.04 CNY CNY CNY
38.11 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.46 TRY Interest Interest
76.31 USD Fossil Oil Fossil Oil
33.10 USD Silver Silver
4.62 USD Copper Copper
106.70 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,437.60 TRY Gold (gr) Gold (gr)

EU considers tightening steel import quotas due to Trump's new tariffs

EU considers tightening steel import quotas due to Trump's new tariffs.

 EU considers tightening steel import quotas due to Trump's new tariffs

The European Commission is considering intensifying its steel import quotas to protect EU producers from the new tariffs U.S. President Trump plans to impose on steel and aluminum starting March 12. Since 2018, the EU has had quarterly, tariff-free quotas to prevent metal exports from overflowing and being diverted to the EU. Trump’s new tariffs of 25% on steel and aluminum will apply to all countries, revoking exemptions and tariff-free quotas. The EU is reviewing its measures and aims to complete the review by March. It may extend protective measures beyond mid-2026. Rubinacci stated that Trump's tariffs are "hidden protective measures" and that the U.S. should compensate trading partners. In response to the tariffs, the EU imposed retaliatory measures in 2018, which are suspended until the end of March.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Increase in steel imports in Iran: HRC stands out

Friday, February 21, 2025

Türkiye's imported scrap market approaches March cautiously

Friday, February 21, 2025

Nigeria’s Steel Industry seeks donor support for revitalization

Saturday, February 22, 2025

Japan seeks exemption from Trump's steel and aluminum tariffs

Saturday, February 22, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now