EU: Trade curbs lift steelmakers prices, profitability despite weak domestic demand

Source: BigMint Aug 28, 2026 08:52

New import quotas, CBAM, high freights weaken competitiveness of imports. ArcelorMittal's European EBITDA margin rises to $98/t in Q2, highest in 3 years

As the European Union (EU) has significantly strengthened its trade defence measures against steel imports, the prices and profitability of intra-EU steelmakers have started gradually improving. As the price competitiveness of imported goods weakens, enquiries and purchases of European steel products are on the rise, and this positive impact

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