Global Steel Excess Capacity Projection 2028
RecordSTO-04NDBZ04AQ-C222DDR1VC-SAKMZC
Global · 2028
OECD projects global Steel Excess Capacity 2028 at 745 million million tonnes in 2028.
- Publisher
- OECD
- Authority tier
- T1 Official
- Locator
- Executive abstract
- Retrieved
- 28 Sep 2026
- Status
- Verified
What the source says
At the global level, steel excess capacity increased to 640 million tonnes (Mt) in 2025: it is now exceeding the total OECD steel production by more than 200 Mt, and it is projected to continue rising steadily, reaching 745 Mt by 2028.
Checked: the figure 745 million million tonnesis stated in this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
APA
Organisation for Economic Co-operation and Development. (2026). Global steelmaking capacity reaches new highs - OECD. Retrieved September 28, 2026, from https://www.oecd.org/en/publications/oecd-steel-outlook-2026_99ab9b0c-en/full-report/global-steelmaking-capacity-reaches-new-highs_295599e7.html. Via StatOrigin, https://statorigin.org/stat/stat_04NDBZ04AQC222DDR1VCSAKMZC
Other formats: MLA, Chicago, BibTeX
- MLA
- Organisation for Economic Co-operation and Development. "Global steelmaking capacity reaches new highs - OECD." 2026, https://www.oecd.org/en/publications/oecd-steel-outlook-2026_99ab9b0c-en/full-report/global-steelmaking-capacity-reaches-new-highs_295599e7.html. Accessed 28 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_04NDBZ04AQC222DDR1VCSAKMZC.
- Chicago
- Organisation for Economic Co-operation and Development. "Global steelmaking capacity reaches new highs - OECD." 2026. https://www.oecd.org/en/publications/oecd-steel-outlook-2026_99ab9b0c-en/full-report/global-steelmaking-capacity-reaches-new-highs_295599e7.html. Accessed September 28, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_04NDBZ04AQC222DDR1VCSAKMZC.
- BibTeX
- @misc{oecd2026steelsakmzc, author = {{Organisation for Economic Co-operation and Development}}, title = {Global steelmaking capacity reaches new highs - OECD}, year = {2026}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_04NDBZ04AQC222DDR1VCSAKMZC}, note = {Original source: https://www.oecd.org/en/publications/oecd-steel-outlook-2026\_99ab9b0c-en/full-report/global-steelmaking-capacity-reaches-new-highs\_295599e7.html. Accessed September 28, 2026.} }
Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Primary source
- Publisher
- Organisation for Economic Co-operation and Development · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Global steelmaking capacity reaches new highs - OECD
- Type
- Report
- Published
- 4 June 2026
- Locator
- Executive abstract
- Retrieved
- 28 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- See source
Verification
- Status
- Verified
- Review protocol
- pipeline:quote-verified-v2
- Checked on
- 28 September 2026
- Last revision
- 30 September 2026
- Permanent URL
- /stat/stat_04NDBZ04AQC222DDR1VCSAKMZC