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Steel Trade Groups Call for More Rules to Stop Excess Capacity

Steel industry associations in the Americas, Europe, Asia and Africa say there should be more ambition in the Global Forum on Steel Excess Capacity, and they call on governments in the forum to develop stronger disciplines on industrial subsidies and…

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uphold effective trade remedies. They point with concern to “the recent increase in steel overcapacity at a time when steel demand is severely depressed by the COVID-19 pandemic.”