Tag: OECD


  • Glut Hits 721Mt

    The OECD says global steel excess capacity will reach 721 million tonnes by 2027, with additions outrunning closures three to one, as Europe’s melt and pour rule takes effect on October 1 and turns origin documentation into a condition of market access PARIS, SEPTEMBER 25, 2026 Global steel excess capacity is projected to rise from…