EUROPE IN FOCUS. THE WORLD IN PERSPECTIVE.Submit NewsCouncil Greenlights New Rules to Protect EU Steel Market from Global Overcapacity
The Council has adopted new rules to protect the EU steel market from the trade-related effects of global overcapacity. The new framework is intended to replace the current EU steel safeguard measure after its expiry.
The decision is relevant for European industry, trade policy and industrial resilience. It shows that the EU continues to use policy tools to protect strategic industrial sectors while responding to global market pressures and competitiveness concerns.
Source: Council of the European Union
Source: Council of the European Union
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