G20 effort to eliminate world steel glut - government subsidies obstacle

On this relatively  subdued Asian session, a bit of background

This is on efforts to curtail the world's steel glut, coming via Bloomberg:

• Excess supply in China is spilling over onto world markets


• Sparking protectionist measures


• One hurdle to overcome could be the unwillingness of emerging nations to abandon efforts to nurture their sectors through government support

More here at the link

G20 effort to eliminate world steel glut - government subsidies obstacle
G20 effort to eliminate world steel glut - government subsidies obstacle
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