eu-steel-safeguard-successor-takes-effect-july-1-with-new-quota-allocationsA · FULL TRANSLATION
# EU steel# safeguard# tariff quota# Japan exports
Key Points
- JETRO reports the EU's steel safeguard successor applied from July 1 with tariff-quota allocations announced
- Japan and other exporters fall under the new quota framework
Analysis
JETRO reports the EU's successor to its steel safeguard took effect July 1, with tariff-rate quota allocations announced covering Japan, Brazil and others. Europe's protective stance on steel imports continues; Japanese mills must re-plan export volumes by quota, and traders re-run costs. Taiwan's steel exporters face the parallel framework. JETRO information.