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Press Releases

12/12/2008

European steel industry with mixed feelings about agreement on Emissions Trading System

Steel industry to reduce its CO2-emissions up to 50% by 2020 compared to 1990

10/12/2008

Study shows steel industry’s viability destroyed if the EU adopts Commission proposal on Emissions Trading (EU-ETS)

EUROFER urges heads of governments to secure at this weeks EU summit steel industry’s competitiveness and existence in Europe

03/12/2008

Council and European Parliament close to decision on the EU emissions trading system

Thousands of steel workers demonstrate today in Brussels against financial burden of ETS

26/11/2008

Commission objections force BHP to step back from take over of Rio Tinto

EUROFER welcomes the decision as a “victory for the market”

13/11/2008

The EU’s CO2 reduction target of 21% jeopardised by auctioning!

The European steel industry calls for substantial support for research to meet CO2 target.

10/11/2008

Financial market crisis requires strong response of the EU to secure viability of the EU steel industry

Steel demand globally - and in the EU in particular - has hugely declined as the financial crisis has pushed the economy to recession. The steel using sectors hit most directly are construction, automotive, and the sectors which supply them, such as suppliers of equipment and parts and components. All of these sectors are steel-intensive.

05/11/2008

Commission has serious concerns on proposed merger of BHP and Rio Tinto

European Commission issues Statement of Objections / EUROFER sees it’s arguments confirmed

27/10/2008

Brisk deterioration in EU growth prospects – weakening demand and supply side risks threaten EU steel market balance

Economic and Steel Market Outlook 2008-2009 - The October ’08 Report from EUROFER’s Economic Committee

22/10/2008

Anti-dumping procedure Stainless Steel Cold-Rolled Products from China, South Korea and Taiwan

The Commission has apparently decided not to propose provisional anti-dumping measures against imports of Stainless Steel Cold-Rolled products from China, Taiwan and South Korea, but to continue the investigation into the final stage of the procedure.

08/10/2008

European Parliament fails to address industry concerns on Emissions Trading

EP Environment Committee sticks to Commission approach / no certainty for industry on carbon leakage / 21% cap remains / waste gases recognized as eligible for free allowances.

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