The OECD Steel Committee provides a unique forum for governments to come together to address the evolving challenges facing the steel industry, and identify political solutions to encourage open and transparent markets for steel. Through its work to reduce market distorting steel policies and encourage structural adaptation, the OECD contributes to a more viable and sustainable steel industry, so that steel continues to contribute to improved economic prosperity around the world.
The OECD Steel Committee aims to support the viability of the steel industry, through policies that reduce market distortions and promote competitive and open markets for steel. The Steel Committee has emerged over the years as a unique platform where multilateral steel problems can be discussed and political solutions found. Policy dialogue, transparency, and commitment have been the driving forces steering the Committee's work.
The Committee mandate calls on governments to work together in order to:
The tools for reaching these objectives include closely monitoring market conditions, developing common perspectives regarding emerging problems in the sector, and reviewing and assessing government policies.
The OECD Steel Committee has 25 members: Austria, Belgium, Canada, the Czech Republic, Finland, France, Germany, Hungary, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, Poland, Portugal, the Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Kingdom, the United States, and the European Union.
In addition, four associates (Brazil, Romania, the Russian Federation and Ukraine), as well as seven participants (Argentina, Bulgaria, Egypt, India, Malaysia, South Africa and Chinese Taipei) bring their perspectives to the work of the Steel Committee. Australia, China, Chile, Colombia, Kazakhstan, and the Philippines, among other important steel economies, also participate in some Steel Committee meetings.
The Committee also benefits from the active participation of the World Steel Association and of national and regional steel associations, which provide expertise on a range of industry issues.
OECD Steel Committee members, associates and participants account for around 45% of global production and 75% of global exports of steel.