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EU says "ready to react" if U.S. imposes punitive steel tariffs

Published 07/07/2017, 12:02 PM
© Reuters.  EU says "ready to react" if U.S. imposes punitive steel tariffs
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  • Steel names (SLX -1.4%) are broadly lower following headlines suggesting that the European Union may retaliate against the U.S. if steel tariffs are put into effect.
  • "Should the U.S. introduce tariffs on European steel imports, Europe is ready to react immediately and adequately," European Commission President Jean-Claude Juncker said today at the G20 summit in Hamburg.
  • X -4.6%, NUE -1.8%, AKS -4.6%, STLD -2.7%, SCHN -3.8%, MT -1%, CLF -1.8%, RS -1.6%, WOR -0.5%.
  • Now read: AK Steel (AKS) Acquires Precision Partners For 0M - Slideshow


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