EU doubles steel tariffs and halves duty-free quotas
UK steel exporters lose quota access and face doubled tariffs
- — UK steel exporters with binding contracts to EU buyers — must secure quota allocations or renegotiate contract prices before July 2026 — shipments without quota access will incur doubled tariffs on import or risk not clearing EU ports.
- — Procurement teams at EU manufacturers sourcing steel from UK suppliers — must verify quota entitlement and tariff exposure before placing orders for July deliveries — otherwise incoming shipments will carry doubled duties or may be blocked from duty-free entry.
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