EU Steel Tariffs and Quotas: Compromise Proposal on the Table24 April 2026 – On 23 April 2026, the Member States forwarded the final agreed compromise proposal on the planned successor to the EU safeguard measure on certain steel products to the European Parliament. We have already had a first look at it. Nickel futures on the SHFE rose further on Friday, gaining a good 1.82%. Steel inventories in China are falling. Source