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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Brussels, 14 April 2026 – Europe’s steel industry has welcomed the conclusion of EU negotiations on a new trade measure for steel, calling it an unprecedented response that will protect European steel capacity, safeguard more than 230,000 jobs and stabilise a sector pushed to the brink by record imports and global overcapacity.
Brussels, 3 April 2026 – The European Steel Association (EUROFER) has set out proposals to improve the EU’s Carbon Border Adjustment Mechanism (CBAM), just as the system enters a decisive new phase with the publication of the first carbon certificate prices expected on 7 April 2026.
Brussels, 25 March 2026 - The European Steel Association (EUROFER) has warned that the latest OECD data released in Paris today confirms a deepening global steel crisis and urged the EU to act swiftly to adopt its new steel trade measure.