13,501.55 TRY BIST 100 BIST 100
47.39 USD USD USD
7.04 CNY CNY CNY
54.32 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.99 TRY Interest Interest
92.15 USD Fossil Oil Fossil Oil
6.37 USD Copper Copper
87.24 USD Silver Silver
95.35 USD Iron Ore Iron Ore
380.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
97.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

European Commission launches consultation on the product scope of the EU steel regulation

The European Commission has launched a targeted consultation as part of the product scope review under the EU Steel Regulation (2026/1384). Through this consultation, stakeholders are invited to provide their views on which additional products should be included within the scope of the Regulation.

European Commission launches consultation on the product scope of the EU steel regulation

Under the review carried out pursuant to Article 12.1 of the EU Steel Regulation, which entered into force on 1 July 2026, the European Commission will assess the potential inclusion of cast iron pipes, tubes and hollow profiles; non-alloy and other alloy wire; stainless steel wire; and non-alloy and other alloy forged bars within the scope of the Regulation.

The consultation process is open to steel producers, steel users, traders, importers, industry associations and other relevant stakeholders. Comments will be collected between 28 July and 28 September 2026.

Following the conclusion of the consultation, the Commission will analyse the feedback received and plans to complete its assessment of the product scope by 31 December 2026.

The EU Steel Regulation entered into force on 1 July 2026 to address the trade-related impact of global steel overcapacity on the EU steel market. Under the Regulation, a duty-free import quota of 18.3 million tonnes was introduced, while imports exceeding the quota are subject to a 50% customs duty. The Regulation also introduced the "melt and pour" rule for imported steel products. In addition, tariff-rate quota allocations are determined according to the criteria set out in the Regulation, which also establishes a framework of trade measures to protect the EU steel market.

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

AISI: China's "no overcapacity" report does not reflect reality

Friday, July 31, 2026

Geopolitical risks and logistical uncertainty deepen price pressure in African and Middle Eastern steel markets

Thursday, July 30, 2026

ŞARA Teknoloji wins EUR 17.5 Million power transmission line project in Moldova

Friday, July 31, 2026

Türkiye's cold rolled coil imports down 17.3% in May

Thursday, July 30, 2026
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