Amid persistent global steel oversupply and rising low-priced exports, ArcelorMittal said steel producers in the Americas are increasingly exposed to market distortions, urging governments to strengthen import control mechanisms.

The company noted that the US has sharply raised Section 232 tariffs to 50%, while the EU is combining carbon border charges with new safeguard quotas to curb inflows, a move expected to cut European steel imports by around 10 million tons compared with 2024. By contrast, progress in Brazil, Canada, and Mexico remains limited.

ArcelorMittal believes faster policy alignment across the region would help stabilize domestic prices and support profitability as it advances capacity restarts and new projects in the Americas in 2026.