Coalition of steel users calls for termination of EU Steel Safeguard Measures
A coalition of European steel users from various sectors is urging the European Commission to terminate the EU steel safeguard measures as part of the ongoing review, which is set to conclude by 30 June 2023.
These measures are viewed as unnecessary and burdensome restrictions on our industries’ access to steel, hindering Europe’s net-zero transition and compromising our competitiveness both domestically and internationally.
Furthermore, the recent WTO dispute initiated by Turkey against the EU steel safeguard measures raises legitimate doubts about whether steel imports have ever posed a serious threat to the EU steel industry.
Automotive suppliers typically only source steel outside of the EU in cases where the EU production capacity is not sufficient to satisfy the demand for specialised steel. This means that the safeguard instrument does not serve the interest of the EU economy as a whole.
Read the full statement below:
In: CLEPA News, Growth & Competitiveness, Trade