EU Cuts Duty-Free Steel Import Quotas 47% From July 1, Squeezing Portugal's 250,000-Job Metalworking Sector
From 1 July a new EU regulation cuts duty-free steel import quotas by 47% and doubles the over-quota tariff to 50%, replacing safeguards that expire on 30 June. Brussels says it shields European steelmakers, but Portugal's metalworking association warns higher input costs threaten about 250,000 jobs
