Global Forum on Steel Excess Capacity Ministerial Statement, 'Comprehensive Framework' for Joint Action
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9 Articles
This website is available on Cedarnews.net. To learn more about the latest news and developments, visit us. [Washington, Jiji Press] On September 30, 28 countries and regions, including Japan, the United States, and Europe, held a ministerial meeting on steel overproduction and agreed on a comprehensive framework to monitor "circumvention exports" that go through third countries. This measure is aimed at China. Cedarnews الإخباري. العاجلة والتقا…
(Tokyo=Yonhap News) Correspondent Lee Do-yeon = The United States, Japan, Europe, and others have decided to establish a system to strengthen monitoring of Chinese steel being indirectly exported via third countries...
Global Steel Producers Agree on Framework to Address the Steel Excess Capacity
Excess Capacity On September 30, 2026, members of the Global Forum on Steel Excess Capacity (GFSEC) adopted a Comprehensive Framework for Joint Action (“the Framework”) to address persistent global steel excess capacity. Representing market-based steel producing economies that account for nearly 56 percent of global steel imports, GFSEC members committed to a coordinated set of...
The members of the OECD Forum on Steel Over-capacity (Gfsec) concluded yesterday's meeting by working together to impose more duties in 19732072.
Steel protectionism is moving from national measures to coordinated enforcement
The Milwaukee Framework marks a move toward coordinated restrictions on steel trade, as governments seek to prevent excess production capacity from undermining their domestic industries. The Global Forum on Steel Excess Capacity’s 28 member economies have agreed to strengthen trade enforcement, improve supply-chain monitoring and address support that sustains uneconomic mills. The agreement does not establish a common tariff or automatically im…
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