The EU’s Trade and Economic Security Commissioner Maroš Šefčovič said that from 30 June 2026, the EU would introduce a new import regime that would almost half the tariff-free quota of steel imports by from 33 million tonnes to 18.3 million tonnes. “The Commission will discuss the implications of its proposal with its trading partners and will continue to emphasize the need to find a collective solution to the global overcapacity problem,” the EU said. Mr Ayers, speaking in North Queensland to announce assistance packages for metal smelters, said while it would continue to engage with international partners, the Government was “making sure that the Australian economy is fit for purpose in the modern age”, highlighting recently announced anti-dumping measures “to prevent low-cost, subsidised foreign imports pushing Australian businesses out of the way”.
Author: Latika M Bourke
Published at: 2025-10-07 22:18:50
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