overcapacity Archive

World’s steel producing regions call for extension of Global Forum on Steel Excess Capacity – Europe further hit by effects of overcapacity

Brussels, 22 October 2019 – The European Steel Association (EUROFER) has today issued a joint release alongside eighteen other regional and national steel associations calling for the Global Forum on Steel Excess Capacity to be extended. At the same time, the crisis in the European steel industry – largely a result of the very overcapacity

G20: Reaffirm free, fair, rules-based international trade and global steel overcapacity reduction efforts

Brussels, 6 July 2017 – World leaders meet tomorrow at the twelfth meeting of the Group of 20 (G20) forum. The European Steel Association (EUROFER) seizes this opportunity to ask participating Heads of State and government to renew their commitment to free, fair and rules-based international trade, and to deal concretely with global steel overcapacity.

Global steel industry calls on governments to take action against China’s new steel policy and overcapacity

There is a strong consensus against the rising tide of exports from state-owned, supported or controlled steel industries, as was once again demonstrated at the recent meeting of the Organization for Economic Cooperation and Development’s (OECD) Steel Committee in early May. The reports shared at the meeting in Paris by the national steel industry associations