Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
European automakers have warned that the EU’s steel import quotas could severely impact vehicle production costs and supply chains, as manufacturers struggle to secure enough high-quality steel from within the bloc.
According to the European Automobile Manufacturers’ Association (ACEA), the current safeguard measures which restrict steel imports through quotas and tariffs are creating supply shortages and pushing up prices. Automakers say these policies, designed to protect EU steelmakers, are instead hurting downstream industries that depend on affordable and specialized steel grades.
ACEA called on the European Commission to revise or remove certain restrictions to ensure a steady supply of raw materials essential for electric vehicles (EVs), lightweight structures, and safety components.
Industry leaders warned that without adjustments, European carmakers could lose competitiveness against global rivals, especially as they invest heavily in the green mobility transition.
The steel safeguards, initially imposed in 2018 and extended several times, were meant to shield the EU steel industry from global overcapacity. However, critics now argue the measures are outdated and no longer aligned with the needs of Europe’s evolving automotive sector.
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