Taiwan MOEA Solicits Industry Feedback on Steel Export Quota Mechanism to EU

Taiwan’s Ministry of Economic Affairs clarified its management of steel export quotas to the EU under the EU’s safeguard measures, which apply tariff-rate quotas on steel imports. The quota allocation divides national quotas into ‘export performance quotas’ (based on 2022-2024 average export volumes) and ‘open application quotas,’ with nearly 80% of industry respondents supporting the existing mechanism. The ministry denied allegations of opaque operations, stating procedures follow established practice with industry consultation.