Published: September 17th, 2024,
Last updated: September 25th, 2024

The Managing Director of the German Steel Association, Martin Theuringer, has called on the EU Commission to „protect the European market from unfair competition.“ In an interview with Table.Briefings, Theuringer warned that the recent slump in demand in China has led to an enormous increase in Chinese imports, both on the European market and on third markets. „We are noticing the significant increase in import pressure as a result of the enormous global overcapacity, which is now pushing into the EU market and also displacing EU suppliers on third markets,“ said Theuringer.