Protecting the EU market from imports raises steel prices

The steel trade war has become increasingly fierce, and in response to tariffs imposed by the United States, the European Commission has imposed quotas and duties on steel products that will last for 200 days, just a month after they were introduced.

Until a sharp increase in imports has been noted, supplies are carried out within quotas. The introduction of measures to protect the market influenced the rise in product prices. the rise in prices may be triggered by concerns about the number of quotas, because if someone orders goods now and they reach Europe after the quota is filled, they will have to pay for them.