Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-19-Speech-1-052"

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"en.20100419.15.1-052"2
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"Madam President, ladies and gentlemen, I would like to draw the attention of the European Commission and of this House to the worrying developments with regard to the prices of raw materials. Duisburg, home of the largest steelworks in Europe, is in my constituency. Here, and in the other steel-producing locations in the EU, the employees are very concerned about their jobs because the three large suppliers of iron ore are forcing price increases of 100% on the steel industry. In future, the price of ore is to be traded on the London Metal Exchange instead of price security being ensured, as was previously the case, by means of long-term supply contracts. The workforce and its trade unions fear that this will result in an extreme rise in the price of the base material, steel. This comes at a time when the potential areas for savings by means of cost-cutting programmes and reductions in the workforce, particularly after the most recent restructuring in the steel industry, have been completely exhausted. In order to draw attention to this situation, works councils and Germany’s Industrial Union of Metalworkers have directed an appeal on behalf of Duisburg to Chancellor Merkel and to President Barroso. I would ask the Commission to respond to this appeal."@en1
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