On March 19th, the Commission took action to maintain and expand European industrial capacities in the steel and metals sectors. The Action Plan on Steel and Metals is designed to strengthen the sector’s competitiveness and safeguard the industry’s future. The European steel industry is fundamental for European economy, providing inputs to critical sectors such as […]
The EU counters steel subsidies from China
Last March 16, the EU imposed anti-subsidy duties on imports of stainless steel cold-rolled flat products originating in Indonesia and also India. With Indonesia at the forefront, the EU is countering the highly trade-distorting export restrictions on key raw materials — linked also to Chinese financing. Additionally, the EU is taking action against preferential financing […]