Economy
February 16, 2016
Thousands March in Brussels to Oppose China Dumping and Market Status
Written by Sandy Williams
Steel workers and chief executives from 17 European member states took to the streets in Brussels on Monday to protest the dumping of steel products and granting of market economy status to China. Market status would only worsen the European steel crisis, claimed protestors, and cost tens of thousands of jobs.
EUROFER, the European Steel Association, says steel imports from China to Europe have increased more than 100 percent in the past three years and are coming in at price levels below cost of production, in other words, at dumping prices.
