EU STEEL SECTOR MAY COLLAPSE WITHOUT ACTION ON CHINA, BRUSSELS COMMITTEE WARNED
July 1st, 2016
The chair of a European Union (EU) study group on the steel sector warned yesterday (Thursday) that without intervention to combat Chinese dumping on the EU market, plus other measures to boost the sector, Europe’s steel industry could fold. “The sector needs intervention or it will collapse,” Mihai Ivaşcu stressed in a July 14 debate at the European Economic and Social Committee (EESC), the EU’s official consultative assembly of employers, workers and other interest groups.
He was commenting on two closely-linked EESC reports: ‘The impact on key ...
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