The Global Forum on Steel Excess Capacity (GFSEC) is an international platform to discuss and find collective solutions to the challenge of excess capacity and enhance market functioning in the steel sector. It brings together policy makers and relevant stakeholders to share information and cooperate in line with the call of G20 Leaders at the Hangzhou Summit in September 2016. The GFSEC was formally established in December 2016 in Berlin. Global Forum members include eight of the ten largest steel producing economies in the world.

The Global Forum is an open platform for all G20 members and interested members of the Organisation for Economic Co-operation and Development (OECD). The GFSEC is facilitated by the OECD, which provides technical, analytical and meeting assistance to support the Global Forum, its steering group and chairmanship.