EU Steel 'Action Plan' Includes Tough Trade Talk

Law360, New York (June 11, 2013, 4:12 PM EDT) -- The European Commission released a so-called action plan Tuesday to help boost demand for the hurting European steel industry, including a renewed focus on foreign trade practices that the EC says are harming Europe's steelmakers.

Facing demand that is 27 percent lower than levels prior to the financial crisis and and a 10 percent decrease in jobs between 2007 and 2011, the commission's plan would introduce numerous policy initiatives that it said were aimed at “fostering innovation” and “creating growth and jobs.”

In addition to nontrade...
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