The European Commission has initiated a review of the steel safeguard measure to determine whether it should be terminated one year earlier than its current end date of 30 June 2024. EU producers and users of steel have been invited to fill in questionnaires with specific data that the Commission will need for its investigation. Interested parties, including third country governments, have the opportunity to present their arguments to the Commission in writing until mid-January 2023.Following its investigation, the Commission will make a proposal by 30 June 2023 at the latest on whether the steel safeguard measure should be terminated. EU Member States will then vote on the proposal.The Commission originally introduced its steel safeguard measure in 2019, in an effort to prevent steel destined for but unable to reach the US market because of Section 232 duties from being diverted to the EU market and causing harm to the EU steel industry. The US Section 232 duty on steel is still in place. The Commission had committed to undertaking this review when it extended its original safeguard measure in June 2021.The 26 products include non-alloy & other alloy and stainless hot rolled sheets and strips, non-alloy & other alloy and stainless cold rolled sheets, as well as stainless CR strips, and electrical, metallic-coated and organic- coated sheets.They also include tin mill products, non-alloy & other alloy and stainless quarto plates, non-alloy and other alloy merchant bars and light sections and wire rod, stainless bars and light sections, and wire rod and rebars. Non-alloy and other alloy cold finished bars, non-alloy wire, seamless stainless tubes and pipes, other seamless and large-welded tubes and other welded pipes are also included, as are angles, shapes and sections of iron or non-alloy steel, sheet piling, railway material, gas pipes and hollow sections.
The European Commission has initiated a review of the steel safeguard measure to determine whether it should be terminated one year earlier than its current end date of 30 June 2024. EU producers and users of steel have been invited to fill in questionnaires with specific data that the Commission will need for its investigation. Interested parties, including third country governments, have the opportunity to present their arguments to the Commission in writing until mid-January 2023.Following its investigation, the Commission will make a proposal by 30 June 2023 at the latest on whether the steel safeguard measure should be terminated. EU Member States will then vote on the proposal.The Commission originally introduced its steel safeguard measure in 2019, in an effort to prevent steel destined for but unable to reach the US market because of Section 232 duties from being diverted to the EU market and causing harm to the EU steel industry. The US Section 232 duty on steel is still in place. The Commission had committed to undertaking this review when it extended its original safeguard measure in June 2021.The 26 products include non-alloy & other alloy and stainless hot rolled sheets and strips, non-alloy & other alloy and stainless cold rolled sheets, as well as stainless CR strips, and electrical, metallic-coated and organic- coated sheets.They also include tin mill products, non-alloy & other alloy and stainless quarto plates, non-alloy and other alloy merchant bars and light sections and wire rod, stainless bars and light sections, and wire rod and rebars. Non-alloy and other alloy cold finished bars, non-alloy wire, seamless stainless tubes and pipes, other seamless and large-welded tubes and other welded pipes are also included, as are angles, shapes and sections of iron or non-alloy steel, sheet piling, railway material, gas pipes and hollow sections.
