February 21 - February 27, 2016

Steel manufacturers in Europe have cut more than 5,000 steelworker jobs in the past year. Manufacturers blame cheaper Chinese steel imports for causing the problem. Do you agree?


Answers Votes
Maybe. Cheap Chinese steel certainly plays a role, but the industry and unions have created redundancies that have become too expensive to maintain in the current economic environment. 51%
Yes. Chinese steel is backed by its government and made/sold at a loss. It’s impossible for legitimate steelmakers to compete with that. 42%
No. The steel industry has been in decline for much longer than the Chinese have been undercutting their prices. This is a product of an overall economic decline, not the result of cheaper imports. 7%


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Tagged categories: Asia Pacific; EMEA (Europe, Middle East and Africa); Latin America; North America; Personnel; Program/Project Management; Steel; Workers

Comment from Jeff Laikind, (2/24/2016, 9:29 AM)

According to a recent article from the International Business Times, Chinese steel production is "now more than double the combined production of Japan, India, the U.S. and Russia, the next four biggest producers."


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