Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleAperam, a Luxembourg-based steelmaker, is exploring potential exemptions from US tariffs, urging the EU to protect its steel industry amidst regulatory unpredictability.
(Reuters) - The Luxembourg-based steel group Aperam said on Thursday it would explore potential exemptions from announced U.S. tariffs, along with its U.S. customers.
The long-term impact of the tariffs on the U.S. economy remains uncertain and could influence any investment decisions, Aperam told Reuters in an emailed statement.
"Unfortunately, the current lack of regulatory predictability creates an unfavorable business environment on both sides of the Atlantic," it added.
The group stressed the "need for an appropriate and proportionate response from the European Union", urging the 27-nation bloc to protect the region's steelmakers from the negative impact of U.S. trade policies.
(This story has been corrected to remove the nationality from the headline and correct company's descriptor from French to Luxembourg-based, in paragraph 1)
(Reporting by Anna Peverieri)
The article discusses Aperam's efforts to seek exemptions from US tariffs and the potential economic impacts.
Aperam sees the tariffs as creating uncertainty and an unfavorable business environment.
Aperam is urging the EU to protect its steelmakers from the negative impacts of US trade policies.
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