After a meeting held in Italy with the Italian economic development minister Carlo Calenda, the French economy minister Emmanuel Macron has stated that at the next European Council meeting scheduled at the end of June Italy and France will ask the EU to take stronger action to fight the dumping of steel by China.
Mr. Macron stated that the US model is the one to follow, since with its regulations the US is able to set up antidumping duties of up to 500 percent within only two or three months, while European procedures require eight or nine months and result in duties of around 20 percent.