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Global Overcapacity

The latest in this ongoing, worldwide problem.

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China Pledges No New Capacity in 2020

16 Jan 2020 - China is reiterating a promise that new steel capacity will be strictly prohibited in the year ahead, reports the country’s state-run news agency. 

China’s No. 1 Steelmaking Region Announces Additional Capacity Cuts

07 Jan 2020 - China’s top steel-producing province aims to reduce capacity by 14 million metric tons this year, reports Xinhua, China’s state-run news agency.

China Initiates Steel Capacity Investigation 

19 Nov 2019 - With China’s steel output on the rise, officials there have begun reviewing capacity at the country’s steel mills, reports the Reuters news service. 

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