USS Kosice is requested to reduce steel production
Market reports from the industry state that steel
production at
US Steel Kosice (USSK) of
Slovakia is agreed to be reduced in a certain amount. Slovak government and Brussels gave this decision upon the European Commission' objections, claiming that
Slovakia which will soon become a member of the EU and benefiting a long term tax exemption, makes excessive steel
production through USSK.
It is expected that Slovak government will soon settle the dispute with the Comission.