Belgium, Brussels: As the United Kingdom decided to leave the European Union in a national referendum, European Steel Association warns that Brexit might represent another blow to the UK steel industry, its value chains and the wider economy, and have far reaching effects on the European steel sector.
Belgium, Brussels: China and Serbia signed the agreement over the sale of Serbia’s largest steel producer, Zelezara Smederevo, to Hebei Iron & Steel.
Belgium, Brussels: The European Parliament last week voted through a Resolution on Market Economy Status (MES) for China, highlighting its firm reservations on granting China MES.
Belgium, Brussels: Following the meeting of high-level representatives from governments around the world, along with representatives from the global steel industry, held in Brussels on 18 April, the governments of Canada, the European Union, Japan, Mexico, the Republic of Korea, Switzerland, Turkey and the United States issued a significant statement noting two relevant issues.
Belgium, Brussels: Representatives from around 30 countries including China, Japan, Germany, India, the U.K. and the U.S. met with World Trade Organization, World Steel Association, and Organization for Economic Cooperation and Development (OECD) representatives in Brussels to seek possible solutions to the huge overcapacity that fuels the steel crisis.
Belgium, Brussels: As the European Commission launched a Communication on Steel – Preserving Sustainable Jobs and Growth in Europe, the European Council met to discuss jobs, growth and competitiveness.
Belgium, Brussels: The United States has applied a preliminary anti-dumping duty to Cold Rolled Coil (CRC) steel from the People’s Republic of China of up to 265.79% in response to the uncontrolled rise of dumped products from the country, announced EUROFER.
Belgium, Brussels: Some of EU trade ministers who met in Brussels on Monday 29 February to discuss steel trade anti-dumping measures believe the EU needs to tighten up its anti-dumping rules to protect its steel industry from cheaper Chinese imports.
Belgium, Brussels: Today at the Competitiveness Council in Brussels, EU industry ministers from across Europe will discuss actions to actively support the European steel industry to enable the sector to compete on a fair and level playing field within the global market.
Belgium, Brussels: European Union industries led by the steel sector organized a march in Brussels to warn about job losses from Chinese competition, looking to persuade EU policy makers to retain a full arsenal of import tariffs.
Belgium, Brussels: The European Commission has imposed provisional anti-dumping duties on the import of Russian and Chinese non-stainless steels after it found that imports from the two countries unfairly undercut producers in Europe such as ArcelorMittal and ThyssenKrupp AG, states the Official Journal.
Belgium, Brussels: A pending European Commission decision on ‘Minimum Import Prices’ (MIPs) for Grain Oriented Electrical Steel (GOES) would safeguard a vital strategic subsector of the steel industry and preserve the competitiveness of the European electrical transformer business.
Belgium, Brussels: General Electric (GE) has announced the appointment of Mark Hutchinson as President & CEO of GE’s European region.
London/Brussels: The European Union will set a minimum price for imports of a grade of electrical steel from China, Japan, Russia, South Korea and the United States, while retaining the right to impose tariffs, reports Reuters.