🏭 OECD “Milwaukee Framework” Reshapes Global Steel Trade – CNB Group‘s Diversified Supply Chain Keeps You Ahead

On October 1, 2026, a major shift occurred in global steel trade governance. The OECD‘s Global Forum on Steel Excess Capacity (GFSEC) – comprising 28 market economies – agreed on the “Milwaukee Framework,” a new coordinated approach to combat global steel overcapacity.

The framework calls for:

 against steel from overcapacity sources

, including melt-and-pour country information, to prevent circumvention of existing tariffs

 targeting steel and steel derivative products from overcapacity sources

The OECD projects global excess steel capacity to reach 721 million tons by 2027 and 745 million tons by 2028.

 – Steel production came to a complete halt in September, the first full week of zero steel output in 100 years

 – Non-FTA stainless steel billet quotas cut by over 90%; over-quota tariffs at 50%

 – Formosa Ha Tinh Steel remains offline for 2–3 months following a September 4 fire, removing 200,000 tons/month of HRC from regional supply

 – Cleveland-Cliffs idled its Canadian Stelco Hamilton cold rolling and coating lines indefinitely from October 9

✅ Massive daily stock – 70,000+ tons across all product lines – HRC, CR, GI, GL, PPGI, ZAM, and AS

✅ Diversified sourcing – As a core agent for multiple state-owned mills, we are not dependent on any single production source or region

✅ Deep processing support – Slitting, custom pipe forming (up to 330mm diameter, 30% expansion rate), CNC punching, and bending

✅ CBAM-ready documentation – Product Carbon Footprint data and CO₂ emissions reports for EU compliance, including melt-and-pour traceability

✅ Global logistics network – Integrated shipowner and freight forwarding resources for fast, reliable delivery worldwide

The bottom line: The Milwaukee Framework signals that trade barriers will only increase. Supply disruptions are multiplying. But with CNB Group, your supply chain stays secure.

📩 Contact us today. Check our ready stock and lock your price now.