On February 9, 2024, the European Commission issued an announcement to initiate a review investigation of safeguard measures on steel products (Steel Products) to assess whether the current safeguard measures on certain steel products should continue after their expiration on June 30, 2024. extend. This case involves EU CN (Common Nomenclature) codes 7208 10 00, 7209 15 00, 7209 16 10, 7210 20 00, 7210 70 80, 7209 18 99, 7208 51 20, 7219 11 00, 7219 31 00, 7214 30 00, 7214 20 00, 7222 11 11, 7221 00 10, 7213 10 00, 7216 31 10, 7301 10 00, 7306 30 41, 7306 61 10, 7304 11 00, 7304 51 12, 7305 11 00, 7306 11 10 and 7217 10 10 Steel products under etc.
On March 26, 2018, the European Commission launched a safeguard investigation into imported steel products. On January 4, 2019, the WTO Safeguards Committee issued the final notification on safeguard measures submitted by the EU delegation on January 2, 2019, and decided to impose a 25% safeguard on imported steel products outside the quota before February 4, 2019. measures tax. On February 26, 2021, the European Commission launched a review investigation of safeguard measures for steel products. On June 11, 2021, the WTO Safeguard Measures Committee released the safeguard measures notification submitted to it by the EU delegation. The European Commission issued an announcement stating that it would make a final review of safeguard measures on imported steel products. From July 1, 2021, it will continue to A three-year safeguard measure will be implemented for the products involved in the case in the form of quotas, that is, a 25% safeguard tax will be levied on imported steel products outside the quota, and the quota will be increased by 3% each year. This measure is valid until June 30, 2024.