A number of countries have already surpassed their EU steel import quotas for Q3, signaling robust demand and tight supply within the bloc. This rapid quota exhaustion could lead to higher import duties for affected exporters and increased steel prices in the European market.
Early overages primarily involve flat and long steel products, driven by strong construction and manufacturing activity across Europe. The trend also reflects ongoing supply chain adjustments amid geopolitical uncertainty, trade disruptions, and shifting procurement strategies.
For EU-based steel buyers and importers, the quota breach serves as a warning about potential cost escalations and delivery delays in the coming months. As demand remains high and protectionist policies persist, efficient sourcing and tariff navigation will become critical for market players.
Vietnam Steel by Hoa Sen Group
