EU seeks to strengthen trade defence measures as China threat looms

The European Commission proposed a new compromise Wednesday to protect EU industry against unfairly cheap imports, in an effort to win over member states before China can benefit from new rules making it harder to act against dumping practices.

EU's new steel anti-dumping tariffs are "unjustified," China says

China's Ministry of Commerce called the European Union's decision to raise anti-dumping duties on Chinese steel bars "unjustifiable protection," Chinese state media reported on Saturday. 

China, West trade blame over steel crisis at OECD talks

China and the West traded blame Monday over the crisis plaguing the global steel sector, as the world's top-producing countries met in Brussels amid efforts to keep their industries from buckling under the pressure of overproduction.

Serbia sells steel plant to Chinese company for EUR 46M

After several failed attempts, Serbia has managed to sell its loss-making steel plant in Smederevo to Chinese company Hebei Iron & Steel Group .

Ailing steel producers hunt for solutions at OECD conference

Officials from the world's top steel-producing countries were meeting in Brussels on Monday, amid efforts to keep their industry from buckling under the pressure of global overproduction.

India's Tata Steel sells European long products division

India's Tata Steel on Monday said it has agreed to sell its loss-making European long products division for a "nominal" fee, potentially saving 4,400 jobs in Britain and 400 jobs in France.

Seven countries call for EU action to boost steel industry

Seven of Europe's leading steel producing nations have called on the bloc's executive to do more for the embattled sector, which has come under pressure because of global overproduction and competition from markets such as China.