The European Union collided with the rise in steel import

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Europe is dumping with the steel that has been transferred from the United States due to the high definitions, with increased imports of products exceeding ten times since the beginning of the year, according to a new monitoring system.

The steel industry in Europe to Brussels has called for urgent measures, as it is expected to suppress the price import in the European Union.

“It is time to work,” Elus Hin, Chairman of the THYSSENKRUPP.

The warning came at a time when the European Commission issued the first monitoring report to discover storms in imports after Donald Trump returned to the definitions that threaten the White House. Huge increases in import sizes and declines in the sharp prices of a group of products have been found, from guitar to industrial robots since January 1.

Resistant steel bars and bars rose by more than 1,000 percent on an annual basis, as prices decreased by 88 percent. Other steel bars and bars increased by 222 percent, while prices decreased by 55 percent.

Ilse Henne, Thyssenkrup: “Work Time Now” © DDP/Sven Simon via Reuters Contact

“Through this new import monitoring tool, we enhance our ability to protect our own interests and stop storms in imports that have been transferred to our market,” said Maroš šefčovič, the European Union Trade Commissioner.

Electric guitar imports increased by approximately 500 percent, and prices fell in four fifths, while industrial robots grew by 315 percent, as prices decreased by a third.

Large increases in plywood, aluminum chips and lives were also reported.

A The heat map showed the report China was a great source of machines, textiles, chemicals, wood and paper.

A big leap also occurred in food, beverages and chemicals from the United States, where companies were stored before the cross -ite customs duties of the European Union arrived.

Analysts have warned that automated customs data was inaccurate because products with very different prices were included in the same category, so that consumers can also be traded.

However, Hin said that the threat to the steel industry was real. The European Union has had protection measures in force since 2016, which imposes 25 percent of customs tariffs on imports over the class, but it is diluted before its expiration in 2026.

On Thursday, he promised to propose an alternative system by this summer.

Hain said that a plan to support industry by reducing energy prices and setting local production priorities in public contracts should be developed quickly.

She said: “Companies from outside the European Union must meet the same climate, open market and competition standards – or we risk undermining our flexibility.”

Massachusetts Steel Supply Company: The United States has applied 50 percent tariffs to steel and aluminum imports this week © Joseph Prezios/AFP via Getty Images

It also called for the customs tariff for Russian steel imports. While the expired and semi -completed products were banned after the 2022 invasion was exempted from Ukraine steadily.

Hin said that Thyssenkrup reduces its productive capacity from 11 million tons annually due to poor demand, which leads to thousands of job losses.

The United States has put 50 percent of the tariff on steel and aluminum this week, increasing the 25 percent fees on the sectors offered by the US President in March.

EUROFer, the Industry Authority, said on Thursday that steel consumption in the European Union will decrease by 0.9 percent in 2025, the fourth year of recession. Imports continue to grow, however.

“In light of the exacerbation of the future of the steel market in the European Union, we call on the European Commission to consider the emergency trade procedures to ensure the stability of the steel market in the European Union,” said EGGERT, EUROFer General Manager.



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