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Global Overcapacity
The latest in this ongoing, worldwide problem.
Latest News
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.
OECD: Excess Steel Capacity Could Reach 721 MMT by 2027
03 April 2025 - Fueled by Chinese cross-border investments, global overcapacity is expected to grow to more than 700 million metric tons by 2027, according to the Organisation for Economic Co-operation and Development (OECD) Steel Committee.
