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Trump prices and Chinese overcapacity force governments to act – politico

Eleon by Eleon
May 2, 2025
in politics
0
Trump prices and Chinese overcapacity force governments to act – politico

The residence plan has been received positively by the sector and the EU countries which produce the most steel: Germany produces about a quarter, Italy arriving in second place at around 10%. France, Romania and Poland each represent more than 7% of the European total, based on figures from the Eurofer lobbies group. The sector spreads widely in the block, with only five countries not producing steel.

After the decade of the dependence of the decade of the decade of the decade of Europe with regard to Europe, a new dependence on the basic Chinese industrial inputs is the worst nightmare of Brussels.

Aside from security, there is also a job. Ferracci said that the French government “supports Arcelor’s decarbonization projects, which should help maintain jobs. Now it is time for these projects to materialize. ”

Some 300,000 people work in the steel industry in the EU, with 37,000 others in the United Kingdom, while it is not much on the total labor market, once you lose steel, it could well spell the end for other much larger industries such as wagons or – indeed – Defense and green energy.

“It is a similar change (like the pandemic or Ukraine in 2022), but this time, it accelerates at an unprecedented rate,” said a commission official in Politico last month, pointing the trinity of action plans on defense, industry and funding.

Jankowiak, from the Climate Action Network, warned of “catchy” applications for steel. “Can the production of tanks really create a request for steel at industry level?” And in the long term, this would be based on tanks and artillery shells to be used – in case a war is really waged. And that’s not what we are asking for. “

Nicolas Camut contributed to this report.

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