Industrie et mondialisation

92nd Session of the Steel Committee, hybrid meeting, 19-20 September 2022


Chair's Statement


Monitoring energy and raw material prices: drain on steel industry competitiveness or boost for decarbonisation?


  • Presentation by RMG Consulting on iron ore market developments and long-term considerations for the steel industry.

  • Presentation by McKinsey & Company on the natural gas challenge for green steel.

  • Presentation by EUROMINES on supplies of key minerals to make the energy transition work.

  • Presentation by Vale on a company perspective on sustainable raw materials and new developments that can support steel's green transition.






Global steel market prospects: demand, supply and excess capacity pressures

  • Presentation by the OECD Economics Directorate on the economic outlook.
  • Presentation by the Secretariat on the global steel market situation.
  • Presentation by the Worldsteel Association on the short-range outlook for steel demand.
  • Presentation by the Secretariat on the latest developments on steelmaking capacity, ongoing investments to build new steel plants and the implications for future capacity.
  • Presentations by the Secretariat and AISI on avoiding the next steel excess capacity crisis and policy lessons learned.


Steel decarbonisation: An update of the latest state of play

  • Presentation by the UK COP 26 Presidency on current activities relevant for steel.
  • Presentation by the IEA on policy recommendations and low-carbon steel standards emanating from recent work in the G7 context.
  • Presentation by the Secretariat on new low-carbon steel projects.


Steel trade policy developments

  • Presentation by the Secretariat on steel trade and trade policy developments.


Regional steel market developments: reports by steel industry associations and stakeholders


Measuring and addressing steel trade circumvention

  • Presentation by the Secretariat on the final report on potential trade circumvention.


Delivering on the Committee's subsidy work

  • Presentation by the Secretariat on subsidies in the steel sector.


Mitigating the market-distorting impacts of steel SOE's

  • Presentation by the Secretariat on the main findings of the final SOE report.




More OECD work on Steel