SPD in Germany is said to urge the European Union to adopt a “European Steel Purchase” strategy (SLX: NYSEARCA)

Reuters reported that the Social Democrats in Germany (SPD), the novice partners in the coalition of Counselor Friedrich Mirz, are pressing for stronger protection for the steel sector in Europe, Reuters said on Saturday. The party’s paper shows that the Democratic Democratic Party wants the European Union to implement a “European purchase” strategy and provide stricter measures against the supported foreigner