U.S., Russia, Asia Nations Hit With 5-Year EU Steel Measures

  • EU producers ArcelorMittal, ThyssenKrupp win price floors
  • Trade protection targets rivals such as AK Steel, Posco

The European Union imposed five-year trade protection against electrical steel from the U.S., Russia, Japan, China and South Korea in a bid to curb competition for producers in the bloc such as ArcelorMittal and ThyssenKrupp AG.

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