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    European Commission makes public steel action plan

    Written by Ethan Bernard


    The European Commission unveiled “A European Steel and Metals Action Plan” on Wednesday aimed at safeguarding the European Union’s steel and base metals production.

    The plan has six pillars, which include ensuring action to clean and affordable energy, prioritizing its Carbon Border Adjustment Mechanism (CBAM), dealing with Chinese overcapacity, and addressing the US 25% Section 232 tariffs on steel and aluminum, among others.

    Ethan Bernard

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