UNITECR 2015: Steel industry needs to adjust to “new normal” without subsidies

By Laura Syrett
Published: Wednesday, 16 September 2015

Hans-Jurgen Kerkhoff, president of the German Steel Federation, has called on global industry bodies to allow their steel sectors to adapt organically to a new era of lower growth, without prolonging overcapacity by subsidising producers – a bold policy move that could mean a sharp adjustment for refractories suppliers.

Steel market adjustments under new lower growth conditions should be driven without subsidies or else run the risk of temporary overcapacity becoming permanent, a leading German steel industry figure has warned.

Speaking in Vienna, Austria, today at the 14th Unified International Technical Conference on Refractories (UNITECR), Hans-Jurgen Kerkhoff, president of the German...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.