European steelmakers rise on prospects of duties on Chinese imports

SSAB AB

26/09/2025 08:35

** Shares in European steel makers rise in early trading on Friday as EU considers levying duties on imports of steel and related products from China

** The European Commission plans to impose tariffs of 25% to 50% on Chinese steel products in the next few weeks, German business daily Handelsblatt reported

** The move could be a new method to protect domestic producers, as global overcapacity strains margins and makes investment in decarbonisation more difficult

** Steel makers in Netherlands, Aperam APAM.AS and ArcelorMittal MT.AS are gaining 2.3% and 2.9%, while their German counterparts Thyssenkrupp TKAG.DE and Salzgitter SZGG.DE rise from 2.3% to 3.2%

** Meanwhile Sweden's steel mill SSAB SSABa.ST and Finish stainless steel producer Outokumpu OUT1V.HE edge up 2.7% and 1.2%, respectively

 (Reporting by Mateusz Rabiega)

 ((Mateusz.rabiega@thomsonreuters.com))