The Global Steel Forum on Excess Capacity has agreed to establish a new “comprehensive framework for joint action,” a move applauded by U.S. Trade Representative Jamieson Greer, who urged his forum counterparts to be ambitious and called for “new concepts” to address the issue that are not reflected in other trade rules. The forum, which has 28 members, held a ministerial meeting on Friday in South Africa. According to a ministerial statement , members will begin work on the framework...