Open / Close Advertisement

SSAB CEO: EU, U.S. Need Cooperative Solutions to Overcapacity

“We need to find agreement to force China to do something about their overcapacity,” said Johnny Sjöström during a presentation at the 2025 Global Steel Dynamics Forum. 

Organized by the Association for Iron & Steel Technology and World Steel Dynamics, the conference is taking place in New York City. 

Sjöström also shared a few forward-looking thoughts on products and technologies that are likely to drive future steel demand. Vehicle lightweighting and decarbonization are two, he said, but producers would do well to consider a third: additive manufacturing.

The aerospace, medical, automotive and energy sectors are among those that are adopting the technology and making use of printed components. SSAB is trying to support that demand by developing and producing metal powders used in the process. 

“Right now, there’s a big demand from segments that I didn’t expect. It has been growing quite a lot,” Sjöström said.