[SMM Stainless Steel Flash] EU TRQ Details Leak Out

Published: Jun 24, 2026 10:49

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Concrete figures on the EU safeguard successor's country-specific steel import quotas have begun to surface for the first time, with an Asian industry minister reportedly indicating that individual countries may have been granted significantly higher quotas than previously assumed, suggesting Trade Commissioner Šefčovič may have made greater concessions than anticipated. The minister reportedly stated that nothing had been offered to the EU and warned the measure could violate free trade agreements, with countermeasures possible. Data remains unverified and markets await official publication.

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