EU Commission to Support Steel Industry

Politics ♦ Published: June 12, 2013; 18:36 ♦ (Vindobona)

EU Commissioner for Industry Antonio Tajani has presented the annouced steel action plan.

EU Commission to Support Steel Industry / Picture: © Vindobona.org

The action plan turned out to be rather vague. It is mentioned that the European steel industry was confronted with high energy prices and regulations as well as with a hard competition from China and that capacities had to be adjusted. The industry is supposed to be supported in this regard.

President of Eurofer and CEO of voestalpine Wolfgang Eder welcomed the Commission’s…