According to Siderweb, an OECD-related report projects excess steel capacity nearing 721 million tonnes in 2027. Siderweb also reports that low-emission steel projects representing 15.5 million tonnes have been suspended or delayed. The supplied excerpt does not specify the methodology or geographic scope of the overcapacity forecast, or whether the project figure refers to annual production capacity or another measure.
MetalMate summary of the linked evidenceCommercial context
Analysis: Persistent overcapacity could weaken the commercial case for investing in lower-emission steelmaking by increasing competitive pressure. The reported project delays suggest that decarbonization plans are already encountering investment or market constraints, although the supplied claims do not identify the affected projects or reasons for their postponement.
MetalMate analysis- Projected excess steel capacity: nearly 721 million tonnes in 2027, according to Siderweb’s account of an OECD-related report.
- Low-emission projects suspended or postponed: 15.5 million tonnes, according to Siderweb.
- The underlying methodology, geographic scope and baseline for the overcapacity projection are not provided in the supplied excerpt.
Outlook: Watch for the underlying OECD-related report to clarify the projection’s scope and methodology, and for details on which low-emission projects are affected, whether delays become cancellations, and how the 15.5 million-tonne figure is defined.
Source & methodology +
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- Article status
- Published · Version 1
- Source date
- 28 September 2026
- MetalMate publication
- 29 September 2026
- Verification
- Automated evidence checks; not human reviewed
Ocse: l’overcapacity frena la transizione dell’acciaio — siderweb
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