EU halves duty-free steel quota while offering better rates to UK
The EU has halved its duty-free steel quota while offering preferential rates to 12 trading partners, including the UK, as of July 1, 2026. The changes aim to curb cheap Chinese steel imports. EU trade commissioner Maroš Šefčovič stated the new measures provide market participants with predictability through clear quota distribution rules.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 30 Jun 2026, 08:45 UTC · Updated 30 Jun 2026, 09:01 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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