https://static.euobserver.com/2024/11/dccca74f-e9ce-4836-a5b8-c17c037c90a3-ac2c75c8-85fd-4016-a724-5a46b6268503-ce3cb6d5-1de8-469f-894f-2e444756dee4-600x400.jpeg" width="600" />
China is set to face tougher restrictions on its steel exports to Europe under a new formula set out by the EU Commission.