Türkiye and members of the OECD-led Global Forum on Steel Excess Capacity agreed on the Milwaukee Framework at a ministerial meeting in Milwaukee, Wisconsin, chaired by US Trade Representative Jamieson Greer. The framework calls for action under national laws to reduce market-distorting subsidies, monitor steel imports, coordinate responses to trade-rule circumvention and pursue trade remedies where appropriate. It also increases transparency over where steel is first melted and poured. Greer urged G20 trade ministers to address industrial overcapacity, food-trade coercion and the Most Favored Nation tariff system, while 28 mostly Western countries agreed to work toward additional tariffs on steel from China and other major sources of excess capacity. Global excess capacity is projected to rise from 601 million tonnes in 2024 to 745 million tonnes by 2028.