11,082.63 TRY BIST 100 BIST 100
48.81 EUR EUR EUR
41.60 USD USD USD
5.88 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.37 TRY Interest Interest
64.63 USD Fossil Oil Fossil Oil
63.19 USD Silver Silver
11,082.63 USD Copper Copper
104.36 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,167.38 TRY Gold (gr) Gold (gr)

EU steel import quotas trigger tariffs for Q4 trade

Importers of hot-rolled coil in Europe are weighing the cost of tariffs after the European Commission's 'other countries' quota expired on the first day of fourth-quarter trade.

EU steel import quotas trigger tariffs for Q4 trade

Data released by the European Commission showed that more than one million tonnes of material from countries without safeguard measures allocated to a specific country had reached European shores by 2 October, filling the quota by 12%.

A total of 933,743 tonnes of material falling under the Non-Alloy and Other Alloy Hot Rolled Plates and Strips product category of safeguard measures will be available tariff-free between October and December.

However, the 25% duty on excess quantities, which stood at 107,976 tonnes as of 2 October, will be shared equally among importers.

According to European Commission data, the 'other countries' category of EU safeguard measures is also full in the Non-Alloy and Other Alloy Wire Rod product category. As of 2 October, it was 558 tonnes over its allocation of 121,208 tonnes.

Other quota limits exceeding the fourth quarter EU quota on 2 October included Stainless Bars and Light Sections from India (by 18%); and Large Welded Tubes, 25B (by 14%), Sheet Piling (by 6%) and Metallic Coated Sheets (by 4%) from China.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EU imposes comprehensive sanctions on Iran, banning trade in steel, raw materials, and multiple products

Friday, October 3, 2025

Nippon Steel to merge three subsidiaries and establish new company

Saturday, October 4, 2025

Nucor keeps HRC prices stable

Thursday, October 2, 2025

Isdemir boosts investments as it marks 55th anniversary

Saturday, October 4, 2025

Mehmet Çakmur “Strategic measures are essential against overcapacity and lack of demand.”

Friday, October 3, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now