European Union ministers failed to agree on Monday on urgent measures that steelmakers are demanding to stem a flood of cheap imports from China after the loss of some 5,000 jobs in the sector in Europe in the past three months. Economy and industry ministers had gathered in Brussels at the request of Sajid Javid, business minister for Britain, where the majority of jobs have been lost. Luxembourg economy minister Etienne Schneider, whose country holds the six-month rotating presidency of the bloc, told a news conference that they agreed on the gravity of the situation and the need to take concrete actions. Luxembourg has called for a conference later this year to consider a response. EU steel executives want the European Commission to cut the time it takes to impose […]