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Global Overcapacity
The latest in this ongoing, worldwide problem.
Latest News
Report: China’s Steel Industry Could See Wave of Consolidation
23 September 2024 - With nearly 75% of China’s steel producers posting losses in the first half of this year, bankruptcy is a looming risk — and one that could spur consolidation among domestic producers, reports the Bloomberg news service.
China Reconsiders Capacity Swap Program
26 August 2024 - With China’s demand for steel on the decline, the government is rethinking its policy for allowing new steel mills to be built, according to the Bloomberg news service.
