Brussels, 10 May 2017 – The European Steel Association (EUROFER) will today host the European Steel Day 2017. This seventh edition of this annual event will explore the theme of the ‘digital, low-carbon future for steel’.
Speaking ahead of the event, EUROFER Director General Axel Eggert said, “These are exciting and challenging times for the European steel industry. From trade, through to climate and innovation policy, the industry sees a range of threats and opportunities.”
“In 2016, total activity in steel-using sectors rose by 1.7% – but at the same time, imports rose to 24% of the total, up from a 17% historical share. A large part of this ballooning import share has to do with the dumping of unfairly cheap steel from third countries”, stated Mr Eggert.
Mr Eggert continued, “Additionally, European steel producers face a range of regulatory costs not borne by our competitors. This is why getting the post-2020 reform of the Emissions Trading System (EU ETS) right is so important: it must balance climate protection with the need to support the industry’s capacity for innovation and competitiveness.”
“The steel industry also has a significant record in innovation. We produce thousands of grades and types of advanced steels, hundreds of which did not even exist a decade ago. These help mitigate CO2 emissions in other sectors, such as power generation. Research and development on the steel production side will also have the potential to reduce the CO2 emissions from steel production by very large proportions – as long as the right economic and research conditions prevail”, emphasised Mr Eggert.
Four hundred guests are registered to attend the event, taking place at the Concert Noble in Brussels. Speakers and panellists will explore how the steel industry is reacting to the challenges wrought by the need to meet climate policy objectives, as well as the opportunities that are being brought about by digitisation and industry 4.0.
The European Steel Day 2017 is an open, public event. More information, including a livestream of the event, can be found at www.europeansteelday.eu
Charles de Lusignan, Communications Manager, +32 2 738 79 35, email@example.com
A PDF of this Press Release is available: here
A press conference was held ahead of the European Steel Day at the Concert Noble, Rue D’Arlon 82, 1000 Brussels. For press accreditation, please contact Charles de Lusignan, Communications Manager, +32 2 738 79 35, firstname.lastname@example.org
Press conference recording : Click here
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More information about the European Steel Day 2017 is available at: www.europeansteelday.eu
EUROFER is located in Brussels and was founded in 1976. It represents the entirety of steel production in the European Union. EUROFER members are steel companies and national steel federations throughout the EU. The major steel companies and national steel federations in Switzerland and Turkey are associate members.
The European steel industry is a world leader in innovation and environmental sustainability. It has a turnover of around €170 billion and directly employs 320,000 highly-skilled people, producing on average 170 million tonnes of steel per year. More than 500 steel production sites across 22 EU Member States provide direct and indirect employment to millions more European citizens. Closely integrated with Europe’s manufacturing and construction industries, steel is the backbone for development, growth and employment in Europe.
Steel is the most versatile industrial material in the world. The thousands of different grades and types of steel developed by the industry make the modern world possible. Steel is 100% recyclable and therefore is a fundamental part of the circular economy. As a basic engineering material, steel is also an essential factor in the development and deployment of innovative, CO2-mitigating technologies, improving resource efficiency and fostering sustainable development in Europe.