Govt. to make all-out efforts to address new EU steel import policy

South Korea will make all necessary efforts to protect the interests of its steel companies ahead of the implementation of a new European Union steel policy aimed at addressing global overcapacity, the trade ministry said Tuesday.

"The new EU steel policy is a crucial matter that could have a direct impact on the steel industry's exports, investment and employment," Trade Minister Yeo Han-koo said during a meeting with representatives of Korean steel companies.

The remarks came as the EU plans t ...