by Asharq Al-Awsat | Oct 7, 2017 | Business
London- The European Union has decided to set duties on hot-rolled steel from four countries, including Iran and Russia, as Germany invited ministers and senior officials from leading steel producing states to a meeting in Berlin on Nov. 30 to discuss overcapacity in...
by Asharq Al-Awsat English | Aug 15, 2017 | Business
The International Monetary Fund (IMF) on Tuesday urged China to push for more ambitious targets for its coal and steel industries to cut excess production capacity as Beijing bids to steps up economic reforms. According to Reuters, a total of 140 million tonnes of...
by Asharq Al-Awsat English | Jul 23, 2016 | Business
The world’s top economies need to deepen cooperation on tax collection as companies seek to minimize the amount they pay to governments, finance ministers said Saturday as they vowed to work to tackle excess production capacity in steel and some other...
by Asharq Al-Awsat | Jul 9, 2016 | Business
Shanghai-China’s central-government run steel and coal firms will cut capacity by around 10 percent in the coming two years, and by 15 percent by 2020, as part of their efforts to tackle gluts in the sectors, the state asset regulator said on Friday. The...
