The International Trade Committee voted to cap duty-free steel imports at 18.3 million tonnes per year — a 47% reduction — and impose 50% duties on above-quota imports. All Russian and Belarusian steel imports are banned.
EU steel imports hit a bottleneck at the start of 2026 as some first-quarter tariff quotas were depleted within days. CBAM has made new steel imports "extremely difficult" or "nearly impossible."
"The skeleton of the modern world is made of steel, its brain of sand, and its nerves of critical minerals." An in-depth analysis of how steel production has become a geopolitical weapon in the great power competition between China and the United States.