30
Sep
14:41
OECD warns of first capacity increase since 2015
The OECD has reiterated the need for further global steelmaking capacity reduction after the unexpected growth in capacity in the first half of 2019 despite weak global demand conditions.
At a meeting last week the OECD Steel Committee stressed that “…government interventions, market distorting support measures and resulting excess capacity have contributed to significant distortions in steel trade flows, that are affecting steel-producing economies…
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Anonymous
Very good overview of the weekly steel market.
Anonymous