EU Steel Shield Becomes Law as Brussels Confronts Global Overcapacity

Jun 9, 2026 - 21:01
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EU Steel Shield Becomes Law as Brussels Confronts Global Overcapacity
New trade rules will replace expiring safeguards from 1 July, tightening quotas and traceability for steel imports The European Union has adopted a new steel protection regime aimed at shielding one of its core industries from global overcapacity, cheap imports and trade diversion. The rules, approved by the Council on Monday, will replace the bloc’s […]