ArcelorMittal calls for urgent adoption of EU tariff quota and reassures European customers

Rhea-AI Summary

ArcelorMittal (NYSE:MT) called for urgent adoption of the EU tariff quota announced in October 2025 and said the measure is vital for the survival of the EU steel industry and long‑term security of manufacturing.

The company said steel imports remain at record levels and that it will ramp up production across Europe to meet anticipated net changes in demand, reassure manufacturers and distributors, maintain supply‑chain stability, and support European jobs and economic value.

Geert Van Poelvoorde, CEO ArcelorMittal Europe, said the company can adequately meet European customer demand for steel produced in Europe and stands ready to increase output in line with demand.

20 November 2025, 15:45 CET

ArcelorMittal continues to call for the urgent introduction of the new tariff quota announced by the European Commission in October 2025. The proposal is a crucial measure that is vital for the survival of the steel industry in Europe, and the long-term security of the manufacturing sector. Steel imports into the EU continue at record levels, causing serious harm to the EU steel industry.

In anticipation of the new trade tool coming into effect, ArcelorMittal wants to reassure manufacturers and distributors that the company will continue to meet their needs for steel. ArcelorMittal is preparing to ramp up production at its facilities across Europe, anticipating the net change in demand due to the EU tariff quota measure. Taking these measures will allow ArcelorMittal to meet demand promptly and maintain stability in the supply chain; of equal importance, this increase in production will also support European jobs, and create significant value for the European economy.

Speaking on the topic, Geert Van Poelvoorde, CEO ArcelorMittal Europe, said: “I am aware that some steel users are concerned about the impact of the new trade tool, namely potential supply shortages, price volatility, and access to specialised products. However, I can assure them that we are able to adequately meet European customer demand, with steel produced in Europe. We therefore stand ready to ramp up production, in line with demand.”

 

FAQ

What did ArcelorMittal (MT) ask the EU to do on November 20, 2025?

ArcelorMittal asked the EU to urgently adopt the tariff quota announced in October 2025 to protect the European steel industry.

Will ArcelorMittal (MT) increase production in Europe after the EU tariff quota?

The company said it is preparing to ramp up production across Europe and stands ready to increase output in line with demand.

How does ArcelorMittal (MT) say the tariff quota will affect supply chains and jobs?

ArcelorMittal said the measure should help maintain supply‑chain stability and support European jobs and economic value.

Does ArcelorMittal (MT) expect supply shortages or price volatility from the new trade tool?

Management acknowledged concerns about potential shortages and price volatility but said the company can adequately meet European customer demand.

Who commented for ArcelorMittal (MT) about the EU tariff quota on November 20, 2025?

Geert Van Poelvoorde, CEO ArcelorMittal Europe, provided the comments and reassurances to customers.

What is ArcelorMittal (MT) doing in anticipation of the EU tariff quota taking effect?

ArcelorMittal is preparing to increase production at its European facilities to meet anticipated net changes in demand and reassure manufacturers and distributors.