.jpg?lang=en-US&ext=.jpg)
-(1).gif?width=220&height=200&mediaprotectionhash=8011a71ede637cd523c67b1296fc49e6151560fde821a46f29cc85998cc76615&ext=.gif)
Report: The World Still Has Too Much Steel Capacity
10/11/2017 - The steel industry has about 330 million metric tons of capacity to spare, with more set to come on-line within the next two years, reports the Reuters news service.
“Excess capacity remains at alarmingly high levels,” said Lieven Top, chairman of the Organisation for Economic Co-operation and Development steel committee.
Reuters has a closer look at the current capacity situation here.
