Steel

Total 38 Posts

EU-China Trade Leaders Meet, Hope for October Deliverables; New Steel Restrictions Loom in Background

EU and Chinese trade officials met on Monday, and settled on a roadmap for future talks that seeks to produce "tangible results" by October. Separately, the EU is now moving ahead with new tariffs to protect its steel industry from global overcapacity, a move which has already been
WTO

EU Steel Tariffs, Photovoltaic Rules, CBAM, Industrial Accelerator Act Discussed in WTO Meetings

In two recent WTO meetings, for which the minutes were recently circulated, China raised concerns with a range of EU measures: EU steel tariffs, an Italian decree on renewable energy sources, the Carbon Border Adjustment Mechanism, and the Industrial Accelerator Act.

Chinese Steel Firm Seeks Arbitration Over UK Takeover

China’s Jingye Steel has formally triggered international investment treaty proceedings against the UK government, demanding "timely, adequate, and effective compensation" following London's moves to strip the Chinese firm's ownership and fully nationalize British Steel.

New EU Rules Adopted To Protect Steel Market from Overcapacity

The EU is moving forward with new rules on steel to protect the EU market from "global overcapacity," a move likely to exacerbate trade tensions with China in the process.

Australia Steel Safeguards Investigation Generates Chinese Pushback

Earlier this year, Australia initiated a safeguards investigation on fabricated structural steel ("FSS"), with Chinese products as one of the main sources of imports.
WTO

WTO Council for Trade in Goods Meeting Sees Discussion of EU Steel Restrictions

At a meeting of the WTO's Council for Trade in Goods in late November, for which the minutes were recently circulated, China raised a new concern with the EU's proposed steel tariff rate quota measure, and several previously raised measures were discussed as well.

Carney Visit To China Yields Apparent Resolution of Several Trade Disputes

Canadian Prime Minister Mark Carney's visit to China has led to the announcement of resolutions to several high-profile trade disputes between the two countries.
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