icon

overcapacity - Latest news GMK Center

Photo – China will ban new capacity and reduce steel production
China will ban new capacity and reduce steel production

The country will support advanced competitive enterprises

Photo – The EU and the US will form a metals alliance to counter China’s excess capacity
The EU and the US will form a metals alliance to counter China’s excess capacity

The agreement between the parties opens up clear prospects for joint action on steel, aluminum, copper, and related products

Photo – China continues efforts to regulate steel production
China continues efforts to regulate steel production

The industry association recommends switching from capacity expansion to quality growth

Photo – The problem of global steel overcapacity is getting worse – EUROFER
The problem of global steel overcapacity is getting worse – EUROFER

The EU has an urgent need for strict post-protection measures on steel

Photo – Latin American steelmakers offer the US a strategic alliance
Latin American steelmakers offer the US a strategic alliance

Regional alliance to help defend against unfair trade practices and China's overcapacity

Photo – Additional subsidies to steelmakers in a number of countries boost capacity expansion – OECD
Additional subsidies to steelmakers in a number of countries boost capacity expansion – OECD

This contrasts with the situation in the organization's member states, where subsidies have remained relatively stable

Photo – Unfair competition has a significant impact on steel markets – OECD
Unfair competition has a significant impact on steel markets – OECD

Surges in imports affect the economies of the organization's member states

Photo – EUROFER calls for urgent action to save European steel industry
EUROFER calls for urgent action to save European steel industry

The industry is experiencing its worst period since the financial and economic crisis of 2009

Photo – Global overcapacity requires immediate response – EUROFER
Global overcapacity requires immediate response – EUROFER

Complex trade measures are needed to solve the problem, the association believes

Photo – The fight against excess steel capacity requires mutual support – Taras Kachka
The fight against excess steel capacity requires mutual support – Taras Kachka

In particular, there is a need to review safeguards against states participating in GFSEC

Photo – Growth in Chinese exports leads to a drop in global steel prices
Growth in Chinese exports leads to a drop in global steel prices

China's growing manufacturing capacity threatens emerging economies

1 2 3