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Global Overcapacity

The latest in this ongoing, worldwide problem.

Latest News

OECD Forecasts Sluggish Steel Demand Growth

29 May 2025 - Global steel demand is projected to rise 0.7% annually over the next five years, driven by consumption in the ASEAN countries and the Middle East and North Africa regions, according to a new projection from the Organisation for Economic Co-operation and Development. 

Global Overcapacity Makes Tariffs Necessary, Executive Says 

07 May 2025 - The scale and scope of U.S. President Donald Trump’s Section 232 steel tariffs are debatable, but what shouldn’t be up for argument is the necessity of them, an SSAB executive said Wednesday.