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Trade
News article2 December 2022BrusselsDirectorate-General for Trade

Commission initiates review of EU steel safeguard

The Commission today initiated a review of the steel safeguard measure to determine whether it should be terminated one year earlier than its current end date of 30 June 2024. 

The Commission had committed to undertaking this review when it extended its original safeguard measure in June 2021.

EU producers and users of steel have been invited to fill in questionnaires with specific data that the Commission will need for its investigation. Interested parties, including third country governments, have the opportunity to present their arguments to the Commission in writing until mid-January 2023.

Following its investigation, the Commission will make a proposal by 30 June 2023 at the latest on whether the steel safeguard measure should be terminated. EU Member States will then vote on the proposal.

Background

The Commission originally introduced its steel safeguard measure in 2019, in an effort to prevent steel destined for but unable to reach the US market because of Section 232 duties from being diverted to the EU market and causing harm to the EU steel industry. The US Section 232 duty on steel is still in place.

For more information

Notice of Initiation of the Review

Details

Publication date
2 December 2022
Author
Directorate-General for Trade
Location
Brussels
Trade topics
SafeguardsTrade defence