This workshop on Supply and Demand in the Shipbuilding Industry aimed at increasing transparency in the market, which is expected, in particular, to provide a better comprehension of the magnitude and the sources of oversupply and overcapacity. This will improve our understanding of certain policies leading to such market distortions.
The Trade in Value Added initiative accounts for the double counting implicit in gross flows of trade, and measures flows related to value added in production of goods or services
Luis Videgaray, Mexico’s Minister of Finance and Angel Gurría, OECD Secretary-General will co-host this event in Mexico City on 6-7 July 2015, with a welcoming by the President of Mexico. Participants will share their views on the key factors that will influence future productivity growth and the creation of an OECD Productivity Network.
Chairman's statement of the OECD Steel Committee's 78th session, Paris, 11-12 May 2015.
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.
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.
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.
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.
English, PDF, 1,007kb
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.