“The surveillance system for imports of steel – in place since March 2016 – has provided evidence that imports of certain steel products have been increasing,” the commission said in an announcement. 

“This trend may be even stronger now that the access to the U.S. market has been limited and steel products from other parts of the world previously destined to the U.S. may be redirected to Europe, disturbing the market and skewing prices.” 

According to the Bloomberg news service, the products account for 40% of the value of the EU’s annual iron and steel imports.

Bloomberg has more here.