16 Steel Industry Groups Welcome Agreement to Continue International Work to Reduce Global Steel Overcapacity

TOKYO – Sixteen steel industry associations on five continents today praised the agreement by a “large majority of members of the Global Forum on Steel Excess Capacity (GFSEC)” to “continue the Forum’s work on the issue of steel excess capacity,”and called upon the few dissenting members to reconsider their current position as quickly as possible.Their comments were made at the conclusion of working group and ministerial meetings of the GFSEC in Tokyo last week.

View the full joint press release here.