The new regulation reduces steel import quotas by 50%, sets a maximum ceiling of 18.3 million tonnes per year, and introduces a 50% tariff on imports exceeding those quotas

Omissions

• The MEP rounded the quota reduction from 47% to 50%, overstating the actual cut. Three primary EU institutional sources — the European Parliament, the Council of the EU, and the European Commission — all consistently state the reduction as 47% compared to the 2024 safeguard quotas.
• The S&D group's own press release on the same regulation also uses '50%', suggesting this is a political framing choice rather than a factual error.
• The regulation takes effect from 1 July 2026, a detail the MEP did not mention.

Sources

• PrimaryCouncil of the European Union Press ReleaseThe new system reduces the overall volume of steel import quotas by approximately 47% compared to the 2024 safeguard quotas (18.3 million tonnes tariff-free). The out-of-quota duty will be doubled to 50%.
• PrimaryEuropean Commission Trade PolicyReducing tariff-free import volumes to 18.3 million tons per year (a 47% cut compared to 2024 quotas); Doubling out-of-quota duties to 50%.
• SecondaryEUROMETALImports above quota levels will face a 50% duty, compared with the current safeguard TRQ system that applies a 25% rate.