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EESC calls for increased trade protections in the face of the deepening crisis in the EU steel industry

Europe

The European Economic and Social Committee (EESC) has sounded the alarm about the existential crisis

EESC calls for increased trade protections in the face of the deepening crisis in the EU steel industry

The European Economic and Social Committee (EESC) has sounded the alarm about the existential crisis facing the European steel industry. Due to the sharp increase in imports, US tariffs closing export routes, and the growth of excess production capacity in the world, the EESC warns that Europe risks losing not only its steelmaking capacity, but also its strategic autonomy, "green transition" and industrial security.

Steelorbis.com

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