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24 May
20:25

Steel trade associations call for action on overcapacity

A coalition of 12 steel trade associations is urging G7 nation leaders to ratchet up the pressure on nations carrying large excess steel capacity. “Government support measures and other policies have contributed to significant global excess capacity in steel, unfair trade and distortions in steel trade flows around the world,” the coalition says. “Among other things, these market-distorting government policies have prevented adequate industry a…
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