The EU's proposed post-safeguard quota regime could cut tariff-free steel imports by more than 30pc across key product categories, according to internal calculations. A draft proposal, obtained last week by Argus, suggests that imports should be capped at around 13pc of market share, resulting in a total annual quota of 18,345,922t. "The tariff quotas should be allocated per product category based on the share of imports that each product category held over the period 2022-24," the proposal says, adding that a 50pc out-of-quota duty will apply to all finished products, in addition to any existing ... (full story)