Tag «Steel Excess Capacity»

GLOBAL STEEL INDUSTRY GROUPS CALL FOR URGENT ACTION ON STEEL EXCESS CAPACITY CRISIS

Washington, DC, October 22 – Nineteen steel industry associations in the Americas, Europe, Africa and Asia today called for the governments of steelmaking economies to step up efforts to effectively tackle persistent global excess capacity in the steel sector, including by quickly implementing strong rules and remedies that reduce excess capacity, its impact and its …

EUROFER welcomes deal at Global Forum on Steel Excess Capacity

Brussels, 01 December 2017 – The Global Forum on Steel Excess Capacity ministerial-level meeting has agreed on principles and recommendations whereby countries and regions should dismantle market-distorting subsidies and other government support measures and share data and information on the process of capacity reduction. “The framework is an expression of real political commitment to address …

SMA Comments on G20 Global Forum on Steel Excess Capacity

Washington, D.C.  – Steel Manufacturers Association (SMA) president Philip K. Bell commented today on the report released by the G20 Global Forum on Steel Excess Capacity: “SMA appreciates the leadership, participation and work of the U.S. government to address global steel overcapacity. This was a long process and the report confirms that there is an …