Ahmed Ezz calls for rethinking incoming EU steel tariffs in letter to Financial Times

Blaming cheap imports for the struggles of the European steel industry “oversimplifies the problem and risks unfairly penalising responsible, compliant producers such as Ezz Steel,” Ezz Steel Chairman Ahmed Ezz wrote in a letter to the Financial Times published late last week. The incoming blanket tariffs taking effect on 7 October “fail to distinguish between fair and unfair suppliers” and open the door for increasing European manufacturing costs, disrupting supply chains, and “undermining the long-standing strategic partnership between the EU and Egypt,” Ezz argued.

“Protectionism will not resolve Europe’s challenges; co-operation will,” Ezz wrote in his call for “evidence-based solutions that safeguard European industry without penalising trusted partners.”