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Showing results for steel overcapacity

Oct 28 2019
Blog Trade

China, Which Has a Steel Overcapacity Problem, Leaves Forum on Steel Overcapacity

But despite capacity cuts, overcapacity in Chinese steel is on the rise.
Sep 30 2021

Steel Executives and Labor Leaders Urge Congressional Steel Caucus to Defend Steel’s Stability Under Section 232

Reps. Conor Lamb (D-Pa.), Frank Mrvan (D-Ind.), Mike Bost (R-Ill.) and Rick Crawford (R-Ark.), along with steel industry executives and United Steelworkers International President Tom Conway,...
May 17 2021
Blog Steel

U.S., E.U. Announce Diplomatic Talks to Address Steel Overcapacity

While the talks will be an important in the effort to rein in excess steel capacity, it is essential they bring about measurable, enforceable results that will prevent another devastating surge in...
Aug 31 2021
Blog Steel

Well, How About That! China’s Government Cut Steel Production

It’s almost as if leaders in Beijing could help resolve the global steel overcapacity crisis if they wanted to.
Dec 18 2020

Steel Overcapacity: Trump Performed Triage. Can Biden Heal the Wound?

America’s steel industry is vital to our national security and critical infrastructure. But it remains threatened by global overcapacity, and COVID-19 has only made things worse.
Dec 15 2022
Blog Steel

America’s Steelmakers and Workers are “Well-Positioned” to Lead the Way on Clean Steel

The reason: Steel manufacturers in the United States already produce “some of the cleanest steel in the world,” according to a new report from the Boston Consulting Group.
Mar 24 2021
Blog Steel

New Report: Section 232 Trade Enforcement on Steel Imports Worked

The Economic Policy Institute finds the 2018 action stopped the surge of steel imports (without impacting the cost of products like motor vehicles and household appliances). But removing Section 232...
Oct 09 2024
Blog Trade

Surging Steel Overcapacity “Seriously Harms Viability” of Steel Industries Worldwide, OECD Forum Warns

Non-market policies and practices, like those of China, are fueling the crisis.
Aug 02 2016
Blog Trade

Commerce Secretary Tours Cleveland Steel Facility — and Announces a New Step to Stop Steel Dumping

Secretary Penny Pritzker and Sen. Sherrod Brown talk steel overcapacity in Cleveland.
Dec 06 2022
Blog Steel

U.S. and EU are Said to Be Weighing “Climate-Based Tariffs” on Chinese Steel

China's massive steel sector not only drives the global overcapacity problem, it also contributes mightily to carbon emissions.