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18 Apr
18:03

EU urges global steel transparency, less state intervention

Tackling unfair trade practices requires sustained international cooperation and the reduction to a minimum of state intervention in the steel industry, according to EU Commissioner for Trade Cecilia Malmström. Speaking at the OECD High-Level Symposium on Steel in Brussels on Monday, Malmström said the current global steel overcapacity and depressed steel prices are only partially a cyclical issue driven by market forces. “State involvement, n…
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