The European Commission proposed to cut duty-free steel imports by half and impose a 50% tariff on excess imports to protect the EU steel industry from foreign competition, particularly from China. This move aims to address global overcapacity and support job creation within the EU, as the industry has seen significant job losses. The proposal includes a 'melt and pour' rule to ensure transparency in steel origins. Approval from EU member states and Parliament is needed for implementation. Teljes cikk (Euronews.com)