China called on to join global discussions on overcapacity

Belgium, Brussels: Following the meeting of high-level representatives from governments around the world, along with representatives from the global steel industry, held in Brussels on 18 April, the governments of Canada, the European Union, Japan, Mexico, the Republic of Korea, Switzerland, Turkey and the United States issued a significant statement noting two relevant issues.

Steel world met in Brussels to address overcapacity

Belgium, Brussels: Representatives from around 30 countries including China, Japan, Germany, India, the U.K. and the U.S. met with World Trade Organization, World Steel Association, and Organization for Economic Cooperation and Development (OECD) representatives in Brussels to seek possible solutions to the huge overcapacity that fuels the steel crisis.