Article
EU Steel Overcapacity Regulation: New Permanent Measure In Force From 1 July 2026
The European Union has replaced its expiring steel safeguard measures with a permanent Steel Overcapacity Regulation, cutting duty-free steel imports by an average of 47% and raising the out-of-quota tariff from 25% to 50%. The new framework introduces a complex tariff-rate quota system distributed across 26 product categories, with country-specific allocations based on historical import shares and special treatment for FTA partners. A groundbreaking "melt and pour" traceability requirement will gradually s
Crowell & Moring LLP