29
Sep
15:39
Steel overcapacity to resume growth in 2020: OECD
The gap between global production and capacity is expected to reach 700 million tonnes in 2020, increasing for the first time since 2016, the OECD steel committee said during its latest session held virtually.
The association noted the latest available data from the OECD show that global steelmaking capacity could increase to 2,455.8m t/year. This new growth would widen the gap between production and installed capacity following a series of declines in the 2016-20…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous