Tag: EUROFER urges trade actions amid global steel overcapacity

Mysteel: At the Ministerial Meeting of the Global Forum on Steel Excess Capacity (GFSEC) held on 8 October, the European Steel Association (EUROFER) stressed that growing global steel overcapacity requires immediate and coordinated trade actions from GFSEC member countries. In its statement, EUROFER described the global steel market as being driven by “destructive dynamics”, which…