Geopolitical Brief
Policy Analysis
EU Safeguard Investigation on GOES Steel Imports

This report covers the European Commission's safeguard investigation into imports of grain-oriented electrical steel (GOES) and steel lamination cores (SLC) used in transformers.
Import Volume & Market Dynamics
It provides import volume data showing a near-doubling of GOES and SLC imports over four years (reaching 191,056 and 60,334 tonnes respectively), estimates of global spare production capacity (~630,000 tonnes, exceeding EU consumption by 64%), and documents the price decline on the EU market.
Trade Defence Instruments
The report explains the EU's three trade defence instruments — anti-dumping duties, countervailing duties, and safeguard measures — and notes that GOES was previously covered only by anti-dumping duties against five countries, while the new standalone investigation signals the Commission considers existing protection insufficient.
Supply Chain Impact
It maps the affected supply chain from steel producers through laminate and core manufacturers to transformer producers, the energy sector and end users — highlighting downstream impact on grid infrastructure, renewable energy connections and data centre power supply.
Regulatory Scenarios & Procedural Timeline
The report outlines possible regulatory outcomes (safeguard tariffs or tariff-rate quotas) with indicative timelines for provisional and definitive measures, and describes procedural deadlines for interested parties to register and submit evidence.
Data Coverage
Import volumes and growth rates
CN product codes
Global overcapacity estimates
Supply chain structure
Existing anti-dumping duty coverage by country
Regulatory scenarios and procedural deadlines