European auto lobby warns that EU steel quota reductions could lead to increased costs for car manufacturers.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2025
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Source: SeekingAlpha
Impact on European Automakers: The European Commission's proposed steel market protections, including reduced import quotas and increased tariffs, may raise costs for automakers, complicating their ability to manage supply shortages.
Concerns from ACEA: The European Automobile Manufacturers’ Association expressed that while some protection for the steel industry is necessary, the proposed measures are excessive and could hinder competition, especially against Chinese vehicles.
Analyst Views on SLX
Wall Street analysts forecast SLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
