Protectionism in the Metal Sector: My Cure is Your Pain

‚ÄčThe number of new protectionist measures targeting the metal industry declined in 2017. Still, the sector was still the second-most impacted with 54 new trade barriers and anti-dumping tariffs imposed by importers. As a result, the number of major* metal companies that went bust worldwide rose to 27. Asia, the prime target of punitive measures, will likely see more failures. China, where the government pushes to cut production overcapacity, accounted for 6 out of the 10 biggest insolvencies.