{"id":73447,"date":"2026-07-23T18:07:41","date_gmt":"2026-07-23T12:07:41","guid":{"rendered":"https:\/\/biztrend24.com\/?p=73447"},"modified":"2026-07-23T18:07:41","modified_gmt":"2026-07-23T12:07:41","slug":"turkish-steel-imports-exceed-new-eu-quotas-within-two-weeks-of-implementation","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=73447&lang=en","title":{"rendered":"Turkish steel imports exceed new EU quotas within two weeks of implementation"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Flat products, including HRCs, coated flats, see sharpest oversubscription<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Access to additional quotas for FTA partners could soften tariff impact<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Turkish steel exports to the European Union have exceeded newly introduced country-specific tariff rate quotas (TRQs) by a wide margin within two weeks of their implementation, highlighting the challenges exporters face after Brussels sharply tightened steel import restrictions.<\/p>\n<p>According to market intelligence provider MEPS, import applications for Turkish steel surpassed allocated quotas by around 438,000 tonnes (t) between 1 July, when the revised regime came into force, and 13 July. The oversubscription raises the likelihood that a significant share of Turkish shipments will attract the EU&#8217;s new 50% out-of-quota tariff.<\/p>\n<p>Quota cuts tighten market access:<\/p>\n<p>The European Union introduced a new steel import regime on 1 July after its long-standing safeguard measures expired. Under the new framework, annual tariff-free steel imports have been reduced to 18.3 million tonnes (mnt), down about 47% from 2024 levels, while the tariff on imports exceeding quotas has doubled to 50% from 25%.<\/p>\n<p>Turkiye, one of the EU&#8217;s largest external steel suppliers, received an annual country-specific quota of about 2.7 mnt, around 39% lower than the previous allocation. Although the reduction is smaller than the overall cut in EU quotas, market participants said it remains insufficient to accommodate Turkiye&#8217;s traditional export volumes into the bloc.<\/p>\n<p>The EU allocates country-specific quotas to suppliers accounting for at least 5% of imports in individual product categories during the 2022 to 2024 reference period.<\/p>\n<p>Flat steel products record largest overshoot:<\/p>\n<p>Oversubscription was most severe in flat steel products.<\/p>\n<p>Applications for Turkish hot-rolled steel sheets and steel bars under product category 1A exceeded the July to September quota of 160,574 t by around 135%.<\/p>\n<p>Inflows of coated steel products also remained strong. Applications for category 4A metallic coated sheet exceeded the quota of 69,925 t by more than 85%, while category 4B applications were roughly 90% above the allocated volume.<\/p>\n<p>Long products exporters also exhausted quotas quickly. Turkish rebar applications exceeded the third-quarter quota of 59,919 t by around 80%, while applications for non-alloy and alloy wire rod surpassed the 61,147-tonne allocation by more than 50%.<\/p>\n<p>The rapid exhaustion reflects exporters&#8217; efforts to secure customs clearance before additional tariff costs become unavoidable.<\/p>\n<p>Blocking period creates uncertainty:<\/p>\n<p>The EU operates a &#8220;blocking period&#8221; at the start of each quota quarter, temporarily suspending customs clearance applications while quota allocations are processed.<\/p>\n<p>As a result, some shipments submitted during the first half of July could ultimately be cleared only after quotas have been exhausted, exposing them to the new 50% tariff.<\/p>\n<p>The final financial impact will depend on whether exporters can access supplementary tariff-free quotas reserved for countries that have free trade agreements with the EU.<\/p>\n<p>Additional quotas could soften tariff impact:<\/p>\n<p>Turkiye&#8217;s free trade agreement (FTA) with the EU allows exporters to compete for additional tariff-free quotas once national allocations are exhausted.<\/p>\n<p>The EU has reserved 9.15 mnt, or half of its total annual quota, for FTA partner countries on a first come, first served basis. However, market participants said the allocation process remains unclear, creating uncertainty for importers and exporters.<\/p>\n<p>MEPS estimates that if Turkish hot-rolled coil shipments fail to secure additional quota allocations, exporters could face an additional tariff cost of around EUR 180\/t. If they are able to fully utilise the supplementary quotas, the additional burden could fall to roughly EUR 80\/t.<\/p>\n<p>The speed at which Turkish quotas have been exhausted suggests competition for the remaining tariff-free allocations will intensify during the current quarter, potentially increasing import costs for European buyers and reducing Turkiye&#8217;s competitiveness in one of its largest export markets.<\/p>\n<p><em>Note: This article has been published as part of a content exchange agreement.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flat products, including HRCs, coated flats, see sharpest oversubscription Access to additional quotas for FTA&#8230;<\/p>\n","protected":false},"author":1,"featured_media":73448,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-73447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6.jpg?v=1784808452",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-150x150.jpg?v=1784808452",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-300x169.jpg?v=1784808452",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-768x432.jpg?v=1784808452",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-1024x576.jpg?v=1784808452",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6.jpg?v=1784808452",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6.jpg?v=1784808452",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-1115x715.jpg?v=1784808452",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-800x500.jpg?v=1784808452",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-1024x576.jpg?v=1784808452",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-540x340.jpg?v=1784808452",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6-400x250.jpg?v=1784808452",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-56-6.jpg?v=1784808452","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/73447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73447"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/73447\/revisions"}],"predecessor-version":[{"id":73449,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/73447\/revisions\/73449"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/73448"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}