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 fundamental 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.
Brussels, 19 November 2021 – The board of the European Steel Association (EUROFER) has re-elected Geert Van Poelvoorde as President of the organisation for the fourth consecutive time. The board meeting, which took place yesterday, also saw the re-election of the nine EUROFER vice-presidents and the confirmation of the 20 members of the board. All are two-year terms.
Brussels, 01 November 2021 – The European Steel Association (EUROFER) welcomes the statement of the EU and the US to tackle jointly shared challenges in the steel and aluminium sectors, including negotiating an arrangement on carbon intensity and global overcapacity, and replacing the current 25% tariff measure of the US Section 232 on EU steel imports by a tariff-rate quota regime (TRQ) based on historical volumes. The arrangement between the US and the EU is a first important step in favour of a globally decarbonised industry in light of COP26 negotiations.
Brussels, 28 October 2021 – In the second quarter of 2021 EU27 apparent steel consumption recorded 40 million tonnes, scoring an exceptional year-on-year growth rate (+40.5%) compared to the extremely low levels of 2020 caused by the COVID-19 economic shock. The outlook, however, is turning increasingly uncertain at least for the last quarter 2021 and the first quarter 2022.
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