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EUROFER & WV Stahl - The Green Deal and European Steel: The example of the German Steel Action Plan
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The joint EUROFER & WV Stahl webinar - The Green Deal and European Steel: The example of the German Steel Action Plan - 24 February from 11:00 till 12:30
About the webinar
The Green Deal and European Steel: The example of the German Steel Action Plan
The European steel industry is facing serious challenges. As a result of reduced global demand, steel production in the EU has significantly dropped and the sector’s workforce has continuously declined. The economic downturn of the Covid-19 pandemic is adding to these structural difficulties, making resolute action a necessity.
At the same time, the steel industry counts as most advanced among energy-intensive industries in terms of its CO₂ footprint. Not only it produces 100% recyclable materials for EU key industries such as automotive, construction, or medical devices, but it is already fully committed to cut its emissions by 30% until 2030, and is well headed to achieve carbon neutrality by 2050.
Therefore, an EU Green Deal on Steel, addressing both the sector’s structural problems and its potential as a frontrunner on how hard-to-abate industries can lower their emissions, could serve as blueprint for the whole EU industrial sector.
The German Steel Action Concept “For a strong steel industry in Germany and Europe” (see German version here) shows us that climate action and the continued existence of competitive energy-intensive industries can complement one another in fruitful ways.
Join this webinar to discuss what a Green Deal on Steel might look like and, building on the German concept, what mix of policy tools can help the sector most in making a substantial contribution to the EU’s ambitious climate goals while best ensuring its competitiveness.
When & where?
The webinar took place on Wednesday, 24 February 2020 from 11:00-12:15 online, via Zoom.
Who is invited?
The seminar is open to anyone interested in learning about the German Steel Action Concept, the Green Deal on Steel and what the European steel industry is doing to help meet the EU's climate ambition.
Times are indicative only
11:00 | Introductory joint statement
Moderation by Jacki Davis
Building on the German Steel Action Concept at EU level
11:10 | Video statement
11:20 | Panel discussion & Q&A
Moderation by Jacki Davis
How could an Action Plan for European steel reinforce the EU Green Deal?
12:30 | End of discussion
On 15 July 2020, the German government formally approved the Steel Action Concept that was developed under the leadership of the Federal Ministry for Economic Affairs and Energy.
The Steel Action Concept provides a concrete and actionable framework, outlining a roadmap towards a successful transformation of the steel industry towards low carbon steel making.
The Steel Action Concept is aligned with the objectives set out in the EU Green Deal and proposes measures enhancing the competitiveness of energy-intensive industries. The concept demonstrates that free trade, climate action and the preservation of competitiveness of energy-intensive industries are not mutually exclusive.
The European Union and the Federal Republic of Germany should take effective measures at national, European and international level and work together with the steel industry to set the course for lasting competitiveness in a way that is compatible with the long-term goal of achieving greenhouse gas neutrality across Germany and Europe.
One important aim is that the climate and energy policies support the transformation of the industrial sector, particularly via internationally competitive prices for electricity, gas and hydrogen.
The implementation of measures in the EU’s Green Deal, which is necessary for effective climate action, and the implementation of the climate action decisions taken by the Federal Government, are a crucial step towards a climate-neutral economy.
These measures are to help improve the competitiveness of German and European industry and make the steel sector fit for the future. They need to be given shape in ways that stimulate efforts to reorient and transform the sector. Research, development and a pro-innovation
policy and investment framework have a vital role to play in supporting the transformation of the steel industry towards future-proof, climate-friendly production processes.
Making a success of the EU Green Deal
We need a Green Deal on Steel that sets out a clear action plan for the recovery of the steel industry and boosts our decarbonisation efforts – serving as a blueprint for Europe
Europe has the opportunity before it to lead the transformation of its economy to a future in which it is CO2 neutral, environmentally responsible, circular and able to compete internationally, addressing third country trade distortions without inhibition. Steel is central to the EU economy, and it underpins the development of major manufacturing sectors right along the value chain. Our industry sustains 2.6 million direct and indirect jobs in the EU.
To make the EU’s recovery plan and green transition a success, a Green Deal on Steel should be agreed between EU steel industry and the EU institutions and governments, with a clear action plan establishing a market for green steel in the period 2021 to 2030. This plan can serve as a blueprint for other sectors, and help the industry to get out of the worst economic crisis in decades.
Because the EU steel industry:
A plan of action: A Green Deal on Steel
Agreement on a comprehensive plan for green steel is required to allow companies and investors today to make investment decisions for next decade. We welcome the approach of the German EU presidency in setting out an action concept for the steel industry. This initiative can and should serve as the basis for agreement on an action concept at an EU level, with a coordinated approach for the EU’s industry, climate, energy, trade, recovery, and related policies.
An action plan shaping markets for green steel, the circular economy and a global level playing field would address the following policy fields:
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