overcapacity


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o·ver·ca·pac·i·ty

 (ō′vər-kə-păs′ĭ-tē)
n.
Excessive capacity for the production of commodities or the delivery of services in relation to actual need: The factory's overcapacity led to falling prices in the stores.

overcapacity

(ˌəʊvəkəˈpæsɪtɪ)
n
the situation in which an industry or business cannot sell as much as it produces

o•ver•ca•pac•i•ty

(ˌoʊ vər kəˈpæs ɪ ti)

n., pl. -ties.
capacity beyond what is normal, necessary, or desirable.
[1925–30]
Translations

overcapacity

[əʊvərkəˈpæsɪti] n (= surplus production) → surcapacité f
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References in periodicals archive ?
The European steel industry has been hit by a wave of problems, including overcapacity, cheap Asian imports and punishing US tariffs.
The Department of Energy (DOE) has teamed up with US agencies to map out locations for renewable energy (RE) developments to avoid overcapacity in the grid.
London: Fitch Ratings said the market penetration of Amazon and other less traditional retailers, and the level of overcapacity in store networks are two key factors that differentiate the risks to European retailers from those faced in the US.
So we will continue to look at what can be done to tackle global overcapacity in sectors such as steel and to ensure that, as our companies develop products, they are confident intellectual rights will be fully protected.
Delivering a long term, global solution to the overcapacity of steel is vital to the long term health of the UK steel sector, employers and unions said.
The company suspended the route on July 8, worried about overcapacity in the region.
Chronic overcapacity in the liner shipping industry led to the scrapping of a record 192 containerships for 654,900 TEU in 2016, but the demolitions failed to stop the idle fleet soaring to an all-time high of 1.59 million TEU in October before ending the year at 1.42 million TEU.
The vice governor of the Chinese central bank has warned that a slow economy and overcapacity would restrict investments in China.
But that stimulus injection encouraged debt and overcapacity in key markets like steel and aluminum, explains BAPrje Ljunggren, author and former Swedish ambassador to China.
Local governments and state-owned firms in China have completed about one-third of the 2016 coal overcapacity reduction target in the first six months, with some regions still yet to take concrete action, Xinhua reported.
European Trade Commissioner Cecilia MalmstrE[micro]m told the gathering that steel overcapacity needlessly pitted Chinese and European workers.