Steel to face a stern test in 2014

摘要

Calling a halt to at least 300mt of steel capacity might be the only way to revive the industry, according to an Ernst & Young report. Leading steel analysts contributing to Global Steel 2014: Planning to profit from opportunity, preparing for future demand said excess steel capacity was still the biggest threat to the sector, which was straining under the "relentless pressure caused by years of excess capacity and low margins".