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G20 must tackle distortions on global steel markets - German minister

Reuters  |  BERLIN 

BERLIN (Reuters) - The world's 20 biggest economies must jointly tackle the causes of imbalances on global steel markets, German Economy Minister Brigitte Zypries told Reuters on Tuesday, adding she had addressed the issue also in talks with Chinese counterparts."We must work together on the causes of market distortions and we can only do so at the G20 level," Zypries said. "That is why it is important to us that we tackle the issue together during our German G20 Presidency."Zypries said she had addressed the issue of overcapacity in China and the imbalance it creates on global steel markets ...

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First Published: Tue, May 16 2017. 19:25 IST