EU Cuts Steel Tariff-Free Quotas: 50% Duty Risk and 5 Checks Before Shipping [GeXPS26-0701EN]
Management Code: GeXPS26-0701.EN | Published: 1 July 2026 | Last reviewed: 1 July 2026 ⚠ eXGateAI Risk Alert: RED Internal Risk Score: 86/100 | Immediate Review Required This is an eXGateAI internal assessment, not an official EU risk rating. EU Steel Quotas Cut by 47%: 50% Out-of-Quota Duty and 5 Pre-Shipment Checks Answer first: From 1 July 2026 , Regulation (EU) 2026/1384 limits duty-free imports of covered steel products to about 18.3 million tonnes per year , administered through product- and origin-specific tariff-rate quotas. When the relevant quota is exhausted—or when an import does not benefit from a quota—the covered goods are subject to a 50% ad valorem out-of-quota duty . That duty is additional to other duties that may apply. Executive Summary The European Union’s new steel regime applies from 1 July 2026, replaci...