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EU leaders call for action on Chinese steel
Associated Press ^ | Sep 4, 2016 1:41 AM EDT

Posted on 09/03/2016 10:55:15 PM PDT by Olog-hai

European Union leaders have called for China to take action on its bloated steel industry and defended an order to Ireland to collect back taxes from Apple, highlighting the trade strains looming over a global economic summit.

The president of the European Commission, Jean-Claude Juncker, said Sunday that the Group of 20 meeting “must urgently find a solution” to excess steel production that Beijing’s trading partners blame for job losses. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: china; europe; eussr; ireland; redchina; steel

1 posted on 09/03/2016 10:55:16 PM PDT by Olog-hai
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To: Olog-hai

As a machinist I can say...

CHINESE STEEL IS CRAP!!!

Italian, Japanese, and USA steel is the best.


2 posted on 09/03/2016 11:17:29 PM PDT by Organic Panic (Hillary Clinton, the elderly woman's version of "I dindu nuffins.")
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To: Organic Panic

A lot of bridge builders in San Francisco say that too, about Chinese Steel, but they usually don’t get listened to till long after the fact.


3 posted on 09/03/2016 11:42:27 PM PDT by lee martell
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To: Olog-hai

The Euros had better be careful.
They might be snubbed...


4 posted on 09/04/2016 5:36:07 AM PDT by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: Organic Panic

As an average guy, I totally agree that Chinese steel is absolutely terrible.

The Brits used to make good steel didn’t they?


5 posted on 09/04/2016 5:40:28 AM PDT by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: Olog-hai

Bayer AG has implemented a world wide policy of not allowing Chinese steel on any new construction. That includes steel from all vendors using steel in their products.

The Material Test Reports per EN10204 3.1 or 3.2 must not state China as the place of melt


6 posted on 09/04/2016 5:44:56 AM PDT by bert ((K.E.; N.P.; GOPc;WASP .... We Frack for Peace)
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