[SMM Steel] EUROFER urges EU to adopt new trade measures amid record steel import surge

Published: Apr 24, 2026 18:17

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[SMM Steel] The EUROFER has called on EU lawmakers to swiftly implement new steel trade measures to counter a record surge in imports. The proposed mechanisms, including quotas and tariffs, aim to protect domestic producers from low-cost foreign competition and safeguard market share. EUROFER warned that rising imports are undermining local production, threatening jobs, and weakening investment in low-carbon steel technologies under the EU Green Deal. The association also stressed that any dilution of the measures could leave the industry exposed, especially amid high energy costs and CBAM-related pressures. Successful implementation is expected to stabilize the market and support long-term investment, while failure could lead to plant closures and supply chain disruptions.

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