Supply Chain Research

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 fourth qu...