EU Steel Market Protection Urgently Needed Amid Global Overcapacity

Post Views: 5 EU steel market protection Global Steel Overcapacity Threatens European Producers The European Steel Association (EUROFER) has issued a warning about rising global steel overcapacity. According to OECD data, excess steelmaking capacity reached 640 million tons in 2025. This figure exceeds total OECD steel production by more than 200 million tons. As a result, European producers face mounting pressure on trade flows, investments, and employment. EUROFER highlights that unchecked global capacity growth threatens the viability of steel production across the EU. EU steel imports surg...