Excess Capacity is seen as one of the most significant challenges facing the global steel industry today.
The OECD and the Belgian authorities are organising a High-Level Meeting on Excess Capacity and Structural Adjustment in the Steel Sector, to take place on 18 April 2016 at the Palais d’Egmont in Brussels. The event is being hosted by Belgium.
The meeting will bring together Ministers, Vice-Ministers and other high-level government officials in charge of steel-related industrial and trade policies. The overarching focus of the High-Level Meeting will be on promoting structural adjustment in the steel industry and reducing excess capacity by removing distortionary government policies and through industry restructuring.
An important long-term goal is to improve the economic viability of the global steel industry and help reduce trade frictions amongst trading partners. The deliverables of the High-Level Meeting will include a statement highlighting key policy goals as well as possible venues for follow-up activities by the Steel Committee to raise transparency of progress made to address excess capacity.
The meeting will include open sessions involving all steel industry stakeholders, such as representatives from industry, academia, labour unions and civil society, to allow interested parties to contribute to the discussions.
See the outcomes of the event.
Ms. Sanela Bajrovic
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High-Level Symposium Key Participants: