European Steel Industry maybe Strictly Control the Import

2015-10-19

The officers of the European Union members would hold a meeting to discuss the serious situation that the European Steel manufacturers are facing and various ways to strength the competition. The representatives said that actions should be taken immediately on the unfair trade in their opinion, especially the steel products from China.

They are forcing the price of the products, which puts tremendous pressure on the European Steel Companies. At present, European needs of steel are 25% lower than that before the crisis.

If it is going on like this, many more mills will close down. The European needs of steel are increasing, but they are nearly occupied by the import.

The competitors from all over the world should have the fair chance to supply their steel products, so The European Union should think about all the available trade tools.