OECD warns of deepening global steel capacity crisis
after close1 source ↓written by the desknot a recommendation
- in 2025
- 2% drop
The OECD Steel Committee highlighted a deepening crisis in global steel markets, with excess capacity expanding as Chinese exports surge to record levels. Global steel demand has declined for four consecutive years, with a 2% drop in 2025. Although a modest recovery is anticipated in 2026, geopolitical risks may hinder growth.
Not investment advice. For informational purposes only.