With its 33 members including Brazil, Romania, Russian Federation, Slovenia and Ukraine (awaiting ratification), as well as its Observers (Argentina, Bulgaria, Egypt, India, Malaysia, South Africa and Chinese Taipei), the OECD Steel committee, Members and observers account for around 60% of world steel production and 76% of world exports of steel.

Such a high rate of representation, the global nature of the problems facing the steel sector, and the broad variety of issues addressed in the Steel Committee's programme of work is strengthening the role of the Committee in the multilateral institutional architecture.

While the OECD is not the place to establish and supervise legally binding rules of the steel market, it has emerged over the years as the unique platform where multilateral steel problems can be discussed and political solutions found. Analytical capacity, policy dialogue and political commitments are the driving forces that govern this Committee.

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