EU to present action plan for steel sector on March 19

March 4 (Reuters) - The EU will present an action plan to make Europe's ailing steel sector more competitive and to shield it from looming U.S. trade tariffs on March 19, EU Commission President Ursula von der Leyen said on Tuesday.

The action plan follows a 'strategic dialogue' with key representatives of the sector which was chaired by von der Leyen on Tuesday.

Europe's steel industry called on the EU Commission in November to take immediate action to avert what it termed the sector's irreversible decline.