Since summer 2018, a 25% charge has been levied by the EU on steel-product import volumes in excess of historical norms. European manufacturers say there is still a global steelmaking glut and the U.S. is showing no signs of lifting its restrictions.
Italy is in line for €11.4 billion if member states sign off an emergency funding package which will distribute funds based on the GDP and unemployment figures of their economies in June, July and August.
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