EU STEEL ACTION PLAN WILL ASK GOVERNMENTS TO STOP INCREASING TAXES ON STEEL INDUSTRY

European Union (EU) governments will be asked to stop levying more taxes on their steel manufacturers in an EU steel action plan to be presented on June 11, Steel First can reveal. Romania’s economy minister Varujan Vosganian, an EU minister closely involved in drafting the policy has outlined a series of details to be written into the text. Speaking to Steel First, in Brussels, he said: “The text [of the action plan] refers specifically to the countries’ commitment to not increase the financial burden on the steel industry.”The policy will be presented ...


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