EUROFER | Engage

The newsletter of the European Steel Association

EUROFER | Engage

The newsletter of the European Steel Assocation (EUROFER)

EUROFER Engage newsletter short rectangle1000

Note from the Director General

EU budget agreement paves way for recovery after the pandemic.

The COVID pandemic has caused significant disruption to both the EU and the wider, global economy. The European steel industry is no exception, with production and demand both falling precipitously, more than in other steel-producing regions. As the first wave of the crisis has passed and lockdown measures have been loosened, economic activity has begun to pick up – slowly. However, the situation for the workforce and for the companies themselves is still dire with a second wave of infections jeopardising the fragile recovery.

Late in July, EU leaders gathered together in Brussels for what turned out to be a marathon four-day Council meeting. The results of this reunion were conclusions agreeing on a path for the EU's seven-year ‘multi-annual financial framework’, but also the recovery-focused ‘Next Generation EU’ fund.

It is vital that this latter Next Generation EU fund is deployed quickly, focusing on supporting sectors most at need – ie that have been most severely impacted by the pandemic-induced economic crisis – and that have the ambition to become low-carbon industries.

EU steel is a key example. Well before the crisis, European steelmakers had put proposals on the table to reduce their emissions by 30% by 2030 and by up to 80-95% by 2050 under the right conditions: a legal framework that keeps their investment in low-CO2 technologies competitive throughout the transition and thereafter, and that creates a market for green steel.

Now is the opportunity to lead in that transition – and to find out more about our proposed Green Deal on Steel, please visit the EUROFER website.

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This newsletter will be sent out monthly. If you have any questions or comments, please do not hesitate to contact the EUROFER team.

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Latest updates from the European Steel Association

Joint press release: Global steel groups urge the Global Forum on Steel Excess Capacity to expand efforts to address growing steel crisis

Worldwide, October 22, 2020 - Steel industry associations in the Americas, Europe, Asia and Africa today renewed their call for governments of steel-producing economies to intensify their work in the Global Forum on Steel Excess Capacity (GFSEC).
22 October 2020
Steel industries throughout the world expressed tremendous concern about the recent increase in steel overcapacity at a time when steel demand is severely depressed by the COVID-19 pandemic, reversing a trend of gradual decreases in overcapacity in the three years after the GFSEC was established (2016 - 2019)....

Press release: Dumping of wind towers from China highlights the need for adequate trade enforcement - entire EU value chains at risk

Brussels, 20 October 2020 – The European Commission has today initiated an investigation into the dumping of wind towers on the EU market from China. Wind towers – used to make renewable electricity – are principally built using steel, and the opening of this investigation shows that steel-using sectors also need adequate trade remedies.
21 October 2020
“EUROFER welcomes the Commission's initiation of an anti-dumping investigation into the conditions of imports of Chinese wind towers into the EU”, said Axel Eggert, Director General of the European Steel Association (EUROFER)....

Summary paper: We are ready - are you? Making a success of the EU Green Deal

'We are ready - are you? Making a success of the EU Green Deal' summarises the main points from EUROFER's 'A Green Deal on Steel'.
19 October 2020
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....

Position paper: A Green Deal on Steel (update)

We need effective enabling policies for a Green Deal on Steel that sets out a clear action plan for the recovery of the steel industry and boosts our CO2 reduction efforts - serving as a blueprint for Europe.
19 October 2020
Europe has the unique opportunity 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....

Position paper: EUROFER request for a continuation of the EU steel safeguard regime after three years of application

If the EU Steel Safeguard measures end in June 2021, the EU steel industry will again be fully exposed to high volumes of cheap deflected steel imports – particularly for as long as the United States Section 232 measures continue.
16 October 2020
If the EU Steel Safeguard measures end in June 2021, the EU steel industry will again be fully exposed to high volumes of cheap deflected steel imports – particularly for as long as the United States Section 232 measures continue....

Online panel: EUROFER at the World Press Clubs Alliance for Climate - press conference marathon

On 23 October, EUROFER is broadcasting a panel on 'Making a success of the EU Green Deal with a Green Deal on Steel'.
14 October 2020
The World Press Clubs Alliance for Climate is organising a 24 hour ‘marathon’ of panels and press conferences around the world that will be broadcast on 23 October, with a potential audience of up to 23,000 journalists....

Video: Making a success of the EU Green Deal with a Green Deal on Steel

A new era has dawned on EU climate policy - and EU steel should be at the centre of plans to reach the objectives.
09 October 2020
With the launch of the EU Green Deal, EUROFER believes that a Green Deal on Steel should be established to act as a flagship for the EU's climate policy....

Press release: Definitive Anti-Dumping duties on Indonesia, China and Taiwan stainless steel imports a necessary measure

Brussels, 08 October 2020 – The European Commission has published definitive anti-dumping duties on imports of certain hot rolled stainless steel sheets and coils (SSHR) originating in Indonesia, the People’s Republic of China and Taiwan (Regulation 2020/1408).
08 October 2020
The European Steel Association (EUROFER) welcomes the measure as a first step towards restoring a level playing field and securing a sustainable future for the European stainless industry, but says the Commission must apply trade enforcement rules in full, given the spirit and intention of the revised EU trade defence instruments adopted by the European Parliament and the Council in 2018....

Guidance paper: Using the EN 19694-2 standard and appropriate scrap content eligibility thresholds for a fit-for-purpose EU Taxonomy

We need a taxonomy that will help raise funds for sustainable projects and support activities which will contribute to carbon neutrality in the EU by 2050
05 October 2020
This short paper summarises our proposal for the use of the EN 19694-2 in place of the ETS benchmarks and the modification of the scrap eligibility criteria for the EU Taxonomy....
Address

The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium

Contact

Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20