Friday 11 December 2015

Chinese steel dumping threatens sector recovery in Europe, US


TRADE WARS
Chinese steel dumping threatens sector recovery in Europe, US Paris (AFP) Dec 9, 2015 - European and US steel producers are only slowly emerging from a 2008 sector meltdown, but already they are faced with a new challenge: Chinese dumping. Chinese steel is overabundant since a sharp slowdown in the Asian giant's economy has sapped domestic demand, and is shipping to world markets at cut-down prices. "China now sells its excess steel to the EU market at prices that do not ev ... more

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