The European Commission announced on Tuesday that the new regulation aimed at protecting the European Union's steel sector from the negative effects of global overcapacity will come into force on July 1, 2026. This measure is considered essential for ensuring the long-term viability of a strategic European industry, which plays a crucial role in the regional economy. The regulation aims to stabilize the market and support European producers against external competition, which can negatively affect the sector. The Commission emphasizes the importance of this initiative to protect jobs and promote sustainable development in the steel sector. The implementation of this regulation will contribute to strengthening the competitiveness of the European industry in the global market.
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