European Parliament debates unfair competition, rising energy costs in steel industry

The European Parliament expressed concern for the European steel industry due to unfair competition from China and rising energy costs during an Oct. 23 plenary debate on tackling the steel crisis. Speakers emphasized the need for a comprehensive steel action plan to ensure the industry’s viability and called for immediate action to safeguard the future of Europe’s steel sector, while…The European Parliament expressed concern for the European steel industry due to unfair competition from China and rising energy costs during an Oct. 23 plenary debate on tackling the steel crisis. Speakers emphasized the need for a comprehensive steel action plan to ensure the industry’s viability and called for immediate action to safeguard the future of Europe’s steel sector, while…Read More