Climate protection is the focus of much of the European Steel Association's work. Continuing the downward trend in energy use and climate-impacting greenhouse gas emissions is essential to ensuring the sustainability of the European steel sector.
The European steel industry is the most advanced of its kind in the world. As it is, Europe leads the way in environmental and climate performance. CO2 emissions and energy use in European steel production have been halved since 1960, and the sector has the ambition to further achieve cuts of between 80-95% by 2050, compared to 1990 levels.
This transition will require significant investment in new technological development and deployment, in energy infrastructure, consumption and type, and will require access to high-quality
materials, such as iron ore and scrap. EUROFER works on climate and energy issues to establish how this essential change can happen in the sector, ensuring that Europe remains on track to fulfil its Paris Climate Accords requirements, whilst also making European steel fit for a clean, low-carbon future.
Brussels, 01 February 2023 – The foundations of the Net-zero Age are made of steel, from wind turbines to electric vehicles. Steel is essential to make these clean tech value chains circular and carbon neutral. This is why the new EU Industrial Plan must have an overall vision, while its implementation will be crucial to adopt a value chain approach focusing on all key upstream and downstream sectors that are indispensable for reaching the EU’s climate and circular economy objectives. Competitiveness will be key to attract clean investment in the EU as the Inflation Reduction Act will do in the U.S., says the European Steel Association following the Commission Communication on the Green Deal Industrial Plan.
Joint press release by WindEurope and Eurofer