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19 Jun
11:21

European steelmakers rail against Hebei's Serbian deal

European steelmaker’s association Eurofer is unhappy about Hebei Iron and Steel’s purchase of Serbian steel producer Zelezara Smederevo, the association tells Kallanish. This follows the Chinese president Xi Jinping's visit to Serbia last week to discuss Chinese investment in Serbia. “The purchase of a steel works in an EU candidate country by a state-owned Chinese enterprise raises serious concerns about unfair competition from state-…
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