[SMM Analysis] Twin Barriers Force a Trade Reset: A Full Anatomy of the Scramble for the EU's 18.35 Mt Steel Quota - Shanghai Metals Market (SMM)

The EU's temporary steel safeguard expired at end-June 2026 and a permanent TRQ took its place — duty-free volume nearly halved to about 18.35 Mt, the out-of-quota duty doubled to 50%, and a...