20
Apr
14:59
Pressure mounts on EC to slash safeguard quotas
The pressure on the European Commission to slash steel safeguard quotas is mounting as European trade union IndustriALL has sent a letter to trade commissioner Phil Hogan to request a reduction.
In the letter seen by Kallanish, IndustriALL shows its concern for the future of the steel industry in Europe. “Steel production in Europe has reduced by -50% and there has been a huge cut in new orders (down -70% to -75%). This has led to the idling of plants and ev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous