The world’s nominal steelmaking capacity is estimated to reach 2.241 billion tonnes in 2014, more than double the capacity of 2000. The OECD is launches a database that details new investment projects in the industry by region and country in both developing and advanced economies through 2017 and beyond. The data portal makes data on steel projects in OECD countries fully accessible for the first time.
The report notes that industry self-regulation (ISR) can play an important role in addressing consumer issues, particularly when business codes of conduct and standards are involved. It draws on 23 case studies covering notably advertising, financial services, telecommunications, video games and software applications (apps), toys, and direct selling.
This expert meeting focused on promoting a better environmental performance of SMEs in the six partner countries of EaP GREEN programme (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine). It was held on 12 February 2015 in Kiev, Ukraine.
While de-industrialisation and offshoring have dominated the news about manufacturing during the past decades, recent years have witnessed a number of examples of companies re-shoring activities back to OECD economies. Policy discussions often ignore the profound changes manufacturing has undergone. This working paper addresses this issue against the background of long-term structural change in OECD economies.
Investment is one of the central engines of growth. But we don’t just need investment, we need intelligent investment. We need investment that fosters green growth, we need investment that supports innovation and entrepreneurship.
This paper examines the extent, reasons and impacts of excess capacity in the global steel industry, as well as the implications of new investment projects that continue to take place at a rapid pace in many parts of the world. By focusing on new investment projects, this study intends to help governments and industry better understand the extent to which global steelmaking excess capacity may evolve in the future.
This STAN: OECD Structural Analysis Statistics 2014 provides analysts and researchers with a comprehensive tool for analysing industrial performance across countries. It includes annual measures of production, value added (at current and constant prices), gross fixed capital formation, number engaged and labour compensation. Data are in national currency for current price data i.e. in Euros for EMU countries; in terms of the current price value in the reference year (usually 2005) for volume data and in number of persons for employment data. Coverage is provided for 15 OECD countries and for multiple sectors, with extended coverage of service sectors according to ISIC Revision 4 classification.
New approaches are needed for addressing social and economic challenges, including new models of public and private partnership which can fund, deliver and scale innovative solutions from the ground up.
The OECD Steel Committee carries out analytical and statistical work on world steel market and industry developments, steelmaking capacity, steel trade developments, and steel-related raw materials. It holds meetings and workshops to discuss current and emerging issues.
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The growing gap between global steelmaking capacity and demand has led to a deterioration in the financial situation of steelmakers, and has raised concerns about the longer-term economic viability and efficiency of the industry. Although excess capacity has increased significantly since the financial crisis, and despite slowing demand growth in global markets, new investment projects continue in many parts of the world.