Negative trade-related effects of global overcapacity on the Union steel market

11.5.2026 A10-0012/61

Amendment 61

Bernd Lange

on behalf of the Committee on International Trade

Report A10-0012/2026

Karin Karlsbro

Negative trade-related effects of global overcapacity on the Union steel market

(COM(2025)0726 – C10-0245/2025 – 2025/0726(COD))

Draft legislative resolution

Paragraph 1 a (new)

Draft legislative resolution

Amendment

1a. Approves the joint statement by Parliament, the Council and the Commission annexed to this resolution, which will be published in the C series of the Official Journal of the European Union;

Or. en

For information, the statement reads as follows:

‘Joint statement by the European Parliament, the Council and the Commission on import of steel products from Russia

Since the beginning of the war, the Union and its Member States have taken unprecedented measures to reduce economic dependencies on Russia and to work towards ensuring that the Union’s economic activity does not contribute to sustaining Russia’s war effort.

These measures have significantly reduced trade flows across a wide range of sectors, including steel, accelerated decoupling and contributed to the Union’s resilience, while also demonstrating the Union’s capacity to act in a united and decisive manner when its values and strategic interests are at stake.

At the same time, the Union must remain attentive to those areas where dependencies persist, in particular as regards certain steel products the import of which is not yet fully prohibited.

In particular, some limited imports originating from Russia continue in the steel sector until 30 September 2028, in accordance with the transitional arrangements laid down in the relevant restrictive measures adopted by the Council. To ensure progressive and steady diversification, these imports are capped by quotas with volumes decreasing annually.

While recalling the institutional framework applicable to restrictive measures, the European Parliament, the Council and the Commission highlight that the relevant restrictive measures adopted by the Council underpin a trajectory towards a complete phase-out of the remaining imports of Russian steel products, notably steel slabs, by 30 September 2028.’