This is the cry of a real alarm as the president of the European Steel Association (Yoofer) said, Ant ManAfter the announcement of Duties of flat -25 % By United States. For the number one of the European sector, in fact, the first politics of the new president of the United States Donald Trump He puts the “last nail on the coffin of the continental industry”. This problem also affects the waterfall in other fields, which, especially on steel, rely. They pass through car to security, defense, energy infrastructure and transport. These factors say Hanrik Adam saying, Given the current scenario, it is in the “game” European sovereignty“And, therefore, it is needed Safety measures Effective by the European Union.
USA Flat on Steel
As mentioned, Trump has provided Flat -Rait duties of 25 % for European SteelFor President Yofner, “the European steel industry already increases the destructive market context and represents a real threat to its future”.
“The general situation of the European Steel Market – Reads the notes of the European Steel Association – now worse than 2018 (the first administration of Ticone, Aid.) These new measures imposed by Trump are wider, so the effects of US duties are much higher than that.
Effects of European Steel sector
The most important increase for Hanrik Adam, is the fact that in the White House is ” Removed All The product waiver And the quota that the European Union had earlier discussed. The United States has already declined in European Steel exports A million tons ofThe European Union is now at risk of losing at least one million export tons.
The scenario is certainly not an idyllic that itself suggests that the coscade will be included, “too Derivative steel products“Thus” to reduce export opportunities for more million tonnes of EU products “with everything that will come from.”European sovereignty“. Then there is a non -worthwhile problem Super Cableti of the European MarketAlready in fact is tied up with low coast iron -and -the -counter materials that are imported from Asia, North Africa and the Middle East.
A perfect storm, seeing that “18 million tonnes of steel has been exported to the United States under a priority government and is now at risk of deviation in the continent market”, with the continental steel sector that has already been lost in 2024. 9 million tons Capability 18 thousand jobs“.
EU’s most effective rules request
“Our producers – adding Henrick Adam – despite the highest climate ambitions, the highest energy prices are already facing. In the meantime, they are weakened. Imports Cheap and high carbon severity ” – these reasons force the president of the European Steel Association to ask Brussels”New safety measures By April 1, with solid and effective reservations. “
For the past few weeks, the EU commission was mobilized to respond Duties war Set up with Trump. With the President of the EU Commission, as the real engine of the European economy, the first sector was especially Steel One. From lean Which called for all parties interested in the sector to explain the practical strategy. Its purpose is a new action plan on Steel that will be presented by March 19, according to the projects. Important points, or commercially sustainable production, response to false and blasphemous trade methods, and the formation of new long -term safety measures.
