The low prices have been the result of worldwide overcapacity in the last few years, which seems now to be easing.

Du Pont officials said there was worldwide overcapacity for that material.

Now the industry faces worldwide overcapacity.

Similarly, governments would seek to ease the transition of a work force out of older industries and technologies in which there was worldwide overcapacity.

The company cited worldwide overcapacity for its nylon material.

Still, faced with recession and worldwide overcapacity the nation's steelmakers complain that foreign competitors are dumping steel at cut-throat prices.

Just look at the order books and the volume of investment, in spite of the worldwide overcapacity which has been mentioned.

Indeed, each of the tire companies is under severe financial pressure as the industry suffers from lower demand and worldwide overcapacity.

Furthermore, the study concluded that two in three pension funds believe that worldwide overcapacity will drive down the returns.

They declared that "conventional tools of economic policy appear inadequate" to handle the interconnected problems of a structural Federal deficit, worldwide overcapacity, and global overindebtedness.