At a time when the European Commission has announced a trade agreement including steel with the United States (see EUROPE B13688A1), eleven European Union Member States (Austria, Belgium, Bulgaria, Spain, France, Greece, Italy, Luxembourg, Poland, Romania and Slovakia) called on Monday 28 July for new European measures to protect the European steel industry from global production overcapacity (+600 Mt/year in 2024) and the current destabilisation of the multilateral trade framework.
The...