The European Union will limit imports of steel into the bloc following U.S. President Donald Trump's imposition of metals tariffs after EU governments backed the plan in a vote on Jan. 16.
The European Commission said on Jan. 16 that EU member countries had backed its plan to impose "safeguards" and that definitive measures would enter force early in February.
The Commission's plan involves a quota set at the average level of imports over the past three years, plus 5 percent. A 25 percent tariff would apply once the quotas are filled.
Steel group Eurofer, whose members include world number one ArcelorMittal and Germany's ThyssenKrupp, has welcomed the safeguards.