EUROPEAN COMMISSION LAUNCHES COMPREHENSIVE STEEL ACTION PLAN
June 1st, 2013
European Commission today (Tuesday) launched a comprehensive action plan designed to boost the European Union’s (EU) steel sector, using a combination of subsidies helping production and stimulating local demand, regulatory liberalisation, plus funding training and research.Announcing the plan this afternoon in Strasbourg, at the European Parliament, EU industry Commissioner Antonio Tajani noted that a third of EU steel manufacturing capacity was currently unused: “Todays' action plan could not wait anymore," said Tajani."The steel industry has a promising ...
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