According to the notification, these changes cover product category 17, which is defined as “angles, shapes and sections of iron or non-alloy steel”.
The EU had previously introduced a single “global quota” system applicable to all countries, abolishing the country-specific quotas for Türkiye, the United Kingdom and Korea after Ukraine halted its exports of this product group in 2022 due to the war.
However, the EU Commission found that the restriction imposed under this global quota system, which limits any country's quota share to 15%, has caused some traditional suppliers' trade volumes to fall below historical levels.
Accordingly, the Commission proposed a regulation to abolish the 15% quota cap and reintroduce country-specific quotas for Türkiye, the United Kingdom and Korea. According to the Communication, if adopted, this would enter into force on July 1, 2025. In addition, country-specific quota holders will not be able to benefit from the “residual quota” in the last quarter of the safeguard year.
The proposed measures will last until June 30, 2026, with a gradual liberalization of 0.1% per year.
In the notification, it was also stated that meetings will be held with the relevant exporting countries in Brussels or online between June 12-19, 2025, and that members wishing to request consultation in this context can apply to the EU Delegation or the Commission.
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