EU carmakers urge govt action on iron ore price

Newswire

BRUSSELS, March 31 (Reuters) - European Union carmakers called on the EU executive and EU governments on Wednesday to tackle a rise in iron ore prices, saying it threatened their competitivity. "The European automobile industry is very concerned by the sudden and massive increase in the price of iron ore, a crucial material for producing steel," auto industry body ACEA said in a statement. "ACEA asks the European Commission and member states to urgently use all appropriate channels to ...

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