EU targets steel overcapacity with new quotas

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Free Malaysia Today Malesia 1h

EU targets steel overcapacity with new quotas

Half of the import quotas are reserved for free trade agreement (FTA) partners, while the rest are open to all trading partners.(AFP pic) BRUSSELS: The European Commission unveiled quotas under the new system to limit duty-free steel imports into the European Union, in a move designed ‌to protect t»»»

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BRUSSELS, Belgium, June 30, 2026 (BSS/AFP) - The European Union will slap a three-euro ($3.40) duty on cheap parcels entering the 27-nation bloc on Wednesday to stem a surge in low-value packages, mainly from China. The European Commission, in charge of EU trade policy, says the step is about slash»»»

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