Worldsteel: China’s steel overcapacity won’t be easy to resolve Edwin Basson, Director General of the World Steel Association (Worldsteel), stated that China’s long standing steel overcapacity can’t be reduced quickly, as it is deeply linked to the structure of the country’s economy. Speaking to Bloomberg, Basson emphasized, “Shutting down a steel plant creates a chain reaction across other domestic sectors. Therefore, there is no … The post Worldsteel: China’s steel overcapacity won’t be easy to resolve first appeared on EUROMETAL.

#LatestUpdates #China #EdwinBasson #worldsteel Worldsteel: China’s steel overcapacity won’t be easy to resolve

EUROMETAL 75th Anniversary: Wait or adapt to green steel uncertainty? This article is part of a series on steel distribution association EUROMETAL’s 75th Anniversary conference 2-3 July, discussing challenges and opportunities for the sector from its policy background; trade protection; the Carbon Border Adjustment Mechanism; green steel; and the evolving role of European steel distribution. “Climate change will dictate not just what happens in our … The post EUROMETAL 75th Anniversary: Wait or adapt to green steel uncertainty? first appeared on EUROMETAL.

#LatestUpdates #CosminBakai #EdwinBasson #GuidoKerkhoff EUROMETAL 75th Anniversary: Wait or adapt to green steel uncertainty?