This infographic shows why the EU needs the EU steel safeguard - and why it needs to work. Steel is an intensively traded product in a market suffering from significant global overcapacity. This is affecting the financial and economic sustainability of the steel sector.
The safeguards are a justified trade policy response to import surges caused by external factors. The quota itself is based on the average volume data from 2015-2017. The quota increased by 5% in February 2019 and is schedule to increase by another 5% in July 2019. This expansion of the quota size is independent of the growth of the overall EU steel market.
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Joint Industry Statement
Brussels, 11 February 2026 - The European Steel Association (EUROFER) has backed a call to action adopted by European companies and industries in Antwerp today, which includes a demand on the EU to take urgent action to bring electricity prices down as a condition for Europe’s industrial drive, competitiveness and economic resilience.
The automotive value chain is of vital importance to the EU steel industry and requires an integrated approach to realising the decarbonisation transition in a pragmatic way.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
