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UK steelmakers call for immediate EU action on Chinese imports-The 17th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
11/10/2015  Stainless Steel Industry expo
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    Reuters reported that British steelmakers have called for business minister Mr Sajid Javid to insist on immediate action against Chinese steel ''dumping'' when he meets European Union economy and industry ministers in Brussels on Monday.

Mr Gareth Stace, director of UK Steel, an industry lobby, said “The US and other countries have already moved to prevent cheap Chinese imports distorting their markets and now the EU must do the same and, do so quickly ... if we’re to prevent large scale problems for steelmakers spreading.”

Britain requested the emergency meeting after nearly 4,000 of its steel jobs were lost or put at risk in October, equivalent to about a fifth of the sector''s workforce, with steelmakers and unions pinning much of the blame on China.

China makes nearly half the world''s 1.6 billion tonnes of steel. It is expected to export a record 100 million tonnes of steel to world markets this year to help address its spare steelmaking capacity - estimated at 400 million tonnes.

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