Finance
EU to present action plan for steel sector on March 19
Published by Global Banking & Finance Review®
Posted on March 4, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 4, 2025
1 min readLast updated: January 25, 2026
The EU will unveil a plan to enhance the steel sector's competitiveness and protect it from U.S. tariffs on March 19, led by Ursula von der Leyen.
(Reuters) - The EU will present an action plan to make Europe's ailing steel sector more competitive and to shield it from looming U.S. trade tariffs on March 19, EU Commission President Ursula von der Leyen said on Tuesday.
The action plan follows a 'strategic dialogue' with key representatives of the sector which was chaired by von der Leyen on Tuesday.
Europe's steel industry called on the EU Commission in November to take immediate action to avert what it termed the sector's irreversible decline.
(Reporting by Bart Meijer, Editing by Charlotte Van Campenhout)
The EU's action plan aims to enhance the competitiveness of Europe's steel sector and protect it from potential U.S. trade tariffs.
The EU will present the action plan on March 19.
The action plan follows a strategic dialogue with key representatives of the steel sector and a request from the industry to take immediate action to prevent its decline.
The initiative is led by EU Commission President Ursula von der Leyen.
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