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Europe 'negligent' over Chinese steel dumping: US boss
by Staff Writers
London (AFP) April 11, 2016


The head of US Steel has accused Britain and the wider European Union of negligence over China dumping cheep steel on world markets.

"The Europeans have been more negligent than anybody," Mario Longhi, chief executive of the biggest steelmaker in the United States, said in an interview with the Financial Times newspaper published on Monday.

"For them to be... considering granting as a fact market economy status to China where you have all the evidence in place that denies them that right it's just ridiculous."

Cheap imports into Europe from China have been blamed by India's Tata Steel as a major reason for its decision to sell its assets in Britain.

Tata is expected to make an announcement on Monday regarding the sale of its plants in Britain, whose government is under pressure to find a buyer with 15,000 jobs at risk.

bcp/cw

Tata Steel

UNITED STATES STEEL CORPORATION

.


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Malaysia extends ban on bauxite mining: report
Kuala Lumpur (AFP) April 8, 2016
Malaysia is extending its ban on bauxite mining from mid-April amid concerns over contamination, media reports said Friday. The government in mid-January had initially implemented a three-month ban on bauxite mining in the rural state of Pahang over concerns about hazardous dust and pollution. "It is important for us to safeguard the environment," Environment Minister Wan Junaidi Tuanku ... read more


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