Excess capacity in steel as growth in investment projects outpaces demand will pose risks for the sector for the foreseeable future, according to industry and government officials at the OECD’s Steel Committee meeting in Cape Town on 12 December 2014. The risk of trade conflicts in the industry also appears to have increased of late, they said, and Committee members discussed options for closer co-operation to try and prevent disputes.

This paper examines the extent, reasons and impacts of excess capacity in the global steel industry, as well as the implications of new investment projects that continue to take place at a rapid pace in many parts of the world. By focusing on new investment projects, this study intends to help governments and industry better understand the extent to which global steelmaking excess capacity may evolve in the future.

Encouraging entrepreneurship among disadvantaged groups can help boost jobs and tackle social exclusion, according to a new joint report by the OECD and European Commission.

Immediate action is needed to address the challenge of excess global steel capacity, according to industry and government officials at the OECD’s Steel Committee meeting in Paris on 30 November and 1 December 2015.

A High-Level Meeting on excess capacity and structural adjustment in the steel sector was convened on 18 April 2016, at the Palais d’Egmont in Brussels, co-organised by the OECD and the Belgian government.

There are signs of a modest return to growth in global steel demand and production and a price recovery from the lows of 2015, yet these trends could turn out to be temporary, the OECD Steel Committee said after meeting this week. Considerable structural imbalances remain unaddressed in the steel sector, it said, reiterating the urgency of tackling persistently high excess capacity.

A modest recovery is under way in the global steel market but structural imbalances remain acute amid sluggish demand growth expected in the long-term demand, the OECD Steel Committee said at the end of its meeting this week.

The OECD welcomes the outcomes of today's Ministerial meeting of the Global Forum on Steel Excess Capacity, and congratulates Germany on this important achievement on the last day of its G20 Presidency. The Global Forum was created by G20 Leaders, at their Hangzhou summit in September of last year. The OECD is honoured to be serving the Global Forum as its Facilitator and to contribute to its achievements to date.

The OECD Secretary-General Angel Gurría called on the governments of steel-producing economies to address the root causes of today’s steel crisis through multilateral approaches, and in particular through the Global Forum on Steel Excess Capacity.

Low growth prospects for the global economy, slowing demand for steel and virtually unchanged steelmaking capacity are driving severe and persistent excess capacity in the steel sector, the OECD Steel Committee said at the end of its meeting this week. The Committee reiterated the need for capacity reductions in relevant economies and for the removal of subsidies and other support measures that are distorting steel markets.

Countries deploy a variety of policy instruments to promote science-industry knowledge exchange. While these instruments are often discussed in isolation, they are implemented collectively and may negatively affect each other or add excessive complexity. This paper develops a conceptual framework to map policy instruments for knowledge exchange and assess interactions.

Every day one exabyte of data is said to travel over the Internet – enough data to fill 300,000 of the world’s biggest hard disks or 212 million DVDs. And astonishingly, according to a new OECD report on Internet traffic exchange, most of the thousands of networks that exchange this traffic do so without a written contract or formal agreement.

This report focuses on the development of backhaul and cross-border networks, which enable local networks to connect to the wider Internet. To connect their networks to others around the world, operators need access to regional and international high-speed networks. The level of investment required in these networks varies and can be very different from region to region.

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Director: Ang Lee; Cast: Joe Alwyn, Kristen Stewart, Chris Tucker, Garrett Hedlund, Makenzie Leigh, Vin Diesel, Steve Martin, Brain "Astro" Bradley, Arturo Castro.

OECD WBG Sector Indicators in Excel

If the quality of an education system can never exceed the quality of its teachers, then countries need to do all they can to build a high-quality teaching force.

Tertiary qualifications have become the entrance ticket for modern societies. Never before have those with advanced qualifications had the life chances they enjoy today, and never before have those who struggled to acquire a good education paid the price they pay today.

During an exclusive conversation with International Business Times, India, founder of LetsOTT, Sunita Kumar shared her ideas about the co-existing nature of theatrical releases and OTT releases.

The Indian and Chinese Army were also engaged in 73-day Doklam stand-off along the Sikkim border between June and August 2017.

This event to be held on 21 June 2016 in Lisbon, Portugal, will discuss the preliminary findings of the OECD project "Resilient Cities" and share cities' experience on enhancing resilience.

Top five areas investors should focus on when buying an ETF

These two appeals against the decision of the Customs Excise & Service Tax Appellate Tribunal (CESTAT) rendered on 16th July, 2008 require adjudication on the question as to whether 1 “car matting” would come within Chapter 57 of the First Schedule to the Central Excise Tariff Act, 1985 under the heading “Carpets and Other Textile Floor Coverings” or they would be classified under Chapter 87 thereof, which relates to “Vehicles other than Railway or Tramway Rolling-Stock and Parts and Accessories Thereof”. The appeals are against a common decision and we shall also deal with both these appeals together in this judgment. The respondent-assessee want their goods to be placed under Chapter heading 5703.90. We shall refer to the specific entries against this item later in the judgment. The respondent, at the material point of time were engaged in the business of manufacture of textile floor coverings and car matting. The subject-goods have been referred to interchangeably by the revenue also as car mattings and car carpets. The respondent, at the material time, were clearing the goods declaring them to be goods against Heading No.570390.90. Effective rate of excise duty on goods under that entry was 8% and education cess at the applicable rate for the subject period. We find this rate of duty, 2 inter-alia, from the order of the Commissioner dealing with the first and the second show-cause notices. The rate of basic excise duty would have been 16% apart from education cess if these goods were classified against goods specified in heading no.8708.99.00. Altogether three show-cause-notices were issued against the respondent over clearance of goods under the said heading. These notices required them to answer as to why they should not be charged the differential rate of duty and interest. We would like to point out here that in the show-cause notices, the respective chapter sub-headings have been referred to as 8708.99.00 and 570390.90 and in the order of the Tribunal also, the sub-headings have been referred to as such. But the authorities themselves in certain places described the sub-headings in shorter numerical forms, as 5703.90 and 8708.00. We find these minor variations in the paper-book. But this variation of the sub- headings represented in numerical form is not of any significance so far as adjudication of these appeals are concerned. The respondent were also to answer as to why penalty should not be 3 imposed upon them in terms of Section 38A of the Central Excise Act, 1944 read with Rule 25 of the Rules made thereunder. The first show-cause notice is dated 9th August, 2005 in regard to clearance of goods made during the period between 9 th July, 2004 and 31st March, 2005. They had cleared altogether 8,65,777 pieces of those items in different sizes in that period. The second show-cause notice was issued on 2 nd May, 2006 and related to clearance of 12,02,482 pieces of the same goods for the period between 1st April, 2005 and 31st January, 2006. The third show- cause notice is of 7th March, 2007 and the clearance involved 20,15,412 pieces from 1st February, 2006 to 31st January, 2007. For the period involved in the third show-cause notice, clearance was made by the respondent under Chapter sub-heading no.570500.19, which carried effective rate of duty @8%.

On this wonderful all-inclusive river cruise you'll sail along the mighty Danube amid stunning scenery through four countries - Germany, Austria, Slovakia and Hungary.

Martin Kemp has harpooned hopes for a Spandau Ballet reunion in the near future and revealed he still hasn't spoken to ex frontman Tony Hadley.

Official figures show there were more than 35m cars and 5m commercial vehicles owned in the UK during 2019 - an increase of 1% and more than there has ever ever been on the road at the same time.

Ashley Graham welcomed her first child, son Isaac, with husband Justin Ervin in January of this year.

Amanda Holden celebrated her fundraising success with a stunning garden photo shoot, before slipping into a bikini and enjoying a glass of rosé on Saturday.

Judge Louis Walsh was filming scenes with his act, Love Actually star Olivia Olson, on a London street when George, who proclaimed himself a huge fan of the IITV show, turned up.  

Enforcement Directorate on Wednesday arrested a former trustee of Lilavati hospital in connection with a foreign exchange violation case.

Sahil Tabassum once said to me, ‘I like a book to have a beginning, a middle and an end.’ I thought to myself...mine cannot be that kind of book. The gaps in my life were too many, the threads too few.

Punjab's cabinet ministers locked horns with senior bureaucrats over imposition of Covid tax and overall dipping revenue of the state excise department at a meeting to discuss changes in the excise policy on Saturday.

The development led to the deferment of the cabinet meeting which was scheduled to be held on Saturday. Now, it will be held on Monday.

Chandigarh, May 09: Punjab ministers on Saturday walked out of a pre-cabinet meeting on the excise policy with senior state officials over an ‘unacceptable behaviour’ of the chief secretary with one of their colleagues. The development led to the deferment

Nivin Pauly is joining hands with Sunny Wayne for his maiden production venture. The project, which has been titled as Padavettu is directed by newcomer Liju Krishna. Padavettu has recently made headlines with the makeover of its lead actor Nivin Pauly.

Recently, Kashmera Shah grabbed the eyeballs as she shared a bold picture with Manek Bedi from a magazine photoshoot, which was shot by Dabboo Ratnani several years ago. She called herself a 'hotness personified' in the caption! In an interview with

Honda is offering huge discounts and special offers on select models in the brand's lineup. The company is also offering a three-year maintenance package at 50 per cent cost, worth Rs 8,000, on select models and trims.

Archives, Room Use Only - TK5295.N38 1895

Archives, Room Use Only - TK6015.K56 1972

Archives, Room Use Only - PN5111.E93 S36 1972

Archives, Room Use Only - TK6211.B57 1934

This case study is part of a design challenge in which I was asked to explore live streaming as a media format.

Arti Singh remembered her first letter to mother on the occasion of Mothers' Day