EU steel import quotas for October to December 2026 exhausted within five days. Turkey, China, India, & other suppliers exceeded allocations across multiple product categories. Hundreds of thousands of metric tons await customs clearance at European ports. The new regime reduced duty-free volumes by 47% & doubled out-of-quota tariffs to 50%. Turkish exporters project annual losses of $2.5 billion to $3 billion. The melt-and-pour rule adds documentation requirements for importers from October 1, 2026.