【环球财经】经合组织报告称全球钢铁行业面临产能过剩挑战

Core Insights - The OECD report highlights a worsening overcapacity in the global steel industry, predicting that by 2027, excess capacity will reach 721 million tons with a capacity utilization rate dropping to 73% [1][2] - The report indicates a significant increase in steel production capacity, with an expected growth of 6.7% (approximately 165 million tons) from 2025 to 2027, predominantly driven by Asian countries [1][2] - Global steel demand is projected to grow at a sluggish rate of 0.7% annually until 2030, with varying growth prospects across regions [1][2] Industry Challenges - The steel industry is currently facing three major challenges: overcapacity, supply surplus, and price pressure, leading to a significant reduction in profit margins [2] - The report estimates that between 2013 and 2021, member countries of the Global Forum on Steel Excess Capacity (GFSEC) lost approximately 113,000 jobs due to overcapacity [2] - The anticipated reliance on high-emission production processes for 40% of new capacity from 2025 to 2027 poses a threat to decarbonization efforts [2] Shifts in Investment Focus - The investment focus in the steel industry is shifting from OECD economies to emerging markets, with about 16% of new capacity post-2025 driven by cross-border investments, primarily in Asia [1][2] - The share of OECD economies in global steel production has halved over the past two decades, projected to drop to 22% by 2024 [1][2]