Tuesday's proposal means that the tariffs on steel from outside the EU are increased from 25 percent to 50 percent on volumes that exceed the current import quota. And that quota is to be reduced by 47 percent, to 18.3 million tons per year.
"To save our steel mills and our European jobs. This is Europe's re-industrialization", writes Séjourné on X.
The proposal, which as usual needs to be approved by both the EU Parliament and the EU member states, is to permanently replace the current 25 percent protective tariffs that expire next year.
At a press conference in Strasbourg, Séjourné and the EU's Trade Commissioner Maros Sefcovic assure that the EU proposals are compatible with international WTO rules.
At the same time, it is considered that action must be taken to save jobs and meet the competition from "global overproduction" - above all from China.
- We do not apologize for protecting the European steel market, says Séjourné.
