Reported 1 day ago
Following the announcement of approximately 600 job cuts by ArcelorMittal due to the ongoing crisis in Europe's steel sector, France, along with other European nations, is advocating for protective measures against Chinese steel imports. French government spokesperson Sophie Primas emphasized the need for further action, specifically regarding quotas to counteract the impact of Chinese overproduction and increased competition, which have hampered the competitiveness of European steelmakers.
Source: YAHOO