Government/Policy
February 20, 2022
Leibowitz on Trade: The Search for Solutions to ‘Non-market Overcapacity’
Written by Lewis Leibowitz
By Trade Attorney Lewis Leibowitz
At last week’s Tampa Steel Conference, I participated with three colleagues in a broad-ranging discussion on international trade issues affecting steel producers and users. We covered quite a few issues. One of these was related to so-called “overcapacity” in steel production around the world. As those who have read my columns know, I am skeptical of the term “overcapacity” because it suggests there is a clear definition of “capacity” to make steel. For now, suffice it to say that overcapacity may not be the best or most objective way to address the problems of oversupply of steel.
