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    Home > Finance > EU will propose new way to curb steel imports, says EU chief
    Finance

    EU will propose new way to curb steel imports, says EU chief

    Published by Global Banking & Finance Review®

    Posted on September 10, 2025

    1 min read

    Last updated: January 22, 2026

    EU will propose new way to curb steel imports, says EU chief - Finance news and analysis from Global Banking & Finance Review
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    Tags:European Commissionsustainability

    Quick Summary

    The EU will propose new measures to curb steel imports to protect domestic producers, as current safeguards expire in 2026.

    Table of Contents

    • New Trade Measures for Steel Imports
    • Impact on Domestic Steel Industry
    • Details of Proposed Trade Instrument
    • Global Trade Rules and Safeguards

    EU will propose new way to curb steel imports, says EU chief

    New Trade Measures for Steel Imports

    STRASBOURG (Reuters) -The European Commission will propose a new method to curb imports of steel from rivals to protect domestic producers, Commission President Ursula von der Leyen said on Wednesday.

    Impact on Domestic Steel Industry

    "Global overcapacity is squeezing margins and leaving little incentive to pay a clean premium. This makes it harder for Europe's steel industry to invest in decarbonisation," von der Leyen told the European Parliament.

    Details of Proposed Trade Instrument

    "That is why the Commission will propose a new, long-term trade instrument to succeed the expiring steel safeguards," she continued in her annual 'state of the union' address.

    Global Trade Rules and Safeguards

    The bloc cannot prolong existing steel safeguards beyond mid-2026 under global grade rules. The Commission has previously said it will propose new measures by the end of the third quarter of this year.

    (Reporting by Kate Abnett, writing by Philip Blenkinsop, Reporting by Charlotte Van Campenhout)

    Key Takeaways

    • •The EU plans to introduce new trade measures for steel imports.
    • •Current steel safeguards cannot be extended beyond 2026.
    • •The new proposal aims to protect domestic steel producers.
    • •Global overcapacity affects Europe's steel industry margins.
    • •The proposal will be introduced by the end of Q3 2023.

    Frequently Asked Questions about EU will propose new way to curb steel imports, says EU chief

    1What is the purpose of the new trade instrument proposed by the EU?

    The new trade instrument aims to curb imports of steel from rivals to protect domestic producers and help the EU steel industry invest in decarbonisation.

    2Why is the EU steel industry facing challenges?

    The EU steel industry is facing challenges due to global overcapacity, which is squeezing margins and reducing incentives for investment in clean technologies.

    3When will the European Commission propose new measures for steel imports?

    The European Commission plans to propose new measures by the end of the third quarter of this year, as the existing steel safeguards cannot be prolonged beyond mid-2026.

    4Who is the President of the European Commission?

    The President of the European Commission is Ursula von der Leyen, who announced the new proposal during her annual 'state of the union' address.

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