Aperam Urges EU Action on Steel Imports Amid U.S. Tariff Concerns

Luxembourg-based steel group Aperam urges Brussels to curb imports if U.S. steel tariffs prompt a shift to the EU. With past measures set to expire, the EU may need new strategies to protect its steel industry while balancing climate goals. Aperam advocates for effective safeguard measures.

Luxembourg-based steel group Aperam has called on the European Union to actively address potential shifts in steel imports influenced by the United States' new 25% tariffs on steel and aluminium. The company fears these tariffs may redirect low-cost steel influxes to European markets, as previously experienced in 2018 during Donald Trump's presidency.

Aperam, originally part of ArcelorMittal until its separation in 2011, joins its former parent company in urging the EU to strengthen trade protections. The Mittal family controls significant shares in both entities, highlighting the interconnected concerns within the European steel sector.

Past EU safeguard measures against tariff-free steel imports are due to expire by mid-2026. However, European Commission's Executive Vice-President Stephane Sejourne has pledged continued support for the steel industry amid decarbonisation efforts. Aperam remains committed to working with customers to navigate existing U.S. tariffs, emphasizing the need for proactive EU action.