OECD Steel Forum Overshadowed By Others’ Actions — Panjiva
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OECD Steel Forum Overshadowed By Others’ Actions

China 3053 European Union 882 Japan 631 Materials - Metals/Mining 796 Metals - Steel 544 Philippines 58 South Korea 605 Tariffs 1870 U.S. 5404 Vietnam 414

The OECD’s Global Forum on Excess Steel Capacity meets this week, following a series of policy recommendations made last November. It is likely to be overshadowed by, and need to address the challenge of, the implementation of tariffs by the U.S. under the Trump administration’s section 232 review of the industry. The Forum also follows a commitment made after last fall’s WTO meeting by the U.S., EU and Japan to tackle excess capacity industries unilaterally. The main target for the forum has been China, whose exports of steel accelerated to a 6% growth on a year earlier in the ...

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