Tag «STEEL OVERCAPACITY»

“Focus on steel overcapacity” instead of deploying US ‘Section 232’ tariffs says EUROFER

Brussels 12 March 2018 – EU policy makers, member states, industry and trades unions must show solidarity in the face of the US’ tariffs on steel and aluminium. The US tariffs are the wrong approach to dealing with the global overcapacity problem in steel. “We are facing another crisis, triggered by President Trump’s invocation of …

NINE GLOBAL STEEL GROUPS COMMENT ON G-20 DISCUSSION OF STEEL OVERCAPACITY

Nine steel groups in North, South and Latin America, and Europe, today expressed cautious optimism for the outcomes at the G-20 leaders meeting that concluded on Monday in Hangzhou, China. “We are grateful that the leaders of the G-20 governments have recognized the severe impacts that global steel overcapacity in the steel sector around the …