Global steelmaking capacity likely to grow over 2019-21: OECD

摘要

London—Global steelmaking capacity could increase by around 4%-5% between 2019 and 2021 if planned projects are implemented and there are no closures, amounting to additional steel crude capacity of 88 million-110 million mt a year, the Organization for Economic Co-operation and Development said in a report released Tuesday. The report said 87.8 million mt/year of gross capacity additions are currently underway and could come on stream over 2019-21. An additional 22.4 million mt/year of capacity additions are currently at the planning stage for possible startup over the same period.