OECD

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OECD is concerned about the deterioration of conditions on the global steel market

Overcapacity in the future could have a significant impact on the industry

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The OECD predicts global steel demand growth of 1% in 2023

The organization's steel committee is concerned about the growth of excess steelmaking capacity

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The OECD expects the growth of global steel capacity by 5.9% by 2025

Continuous investment activity provokes an excess of steelmaking capacity, especially in Asia