Industriall & EUROFER joint statement
Brussels, 01 December 2023 – Further delays in implementing EU sanctions against Russian steel semifinished products would have a perverse effect, ultimately fuelling Putin’s war machine against Ukraine. The EU Council should reject additional exemption requests from a few member states defending the lucrative business model of few steel rerollers. The trade dynamic that takes advantage of cheap steel imported from Russia while aiding the supply to its military and related downstream sectors must come to an end, states the European Steel Association.
Brussels, 07 December 2023 – The inclusion of transformative industrial technologies for the decarbonisation of energy-intensive sectors, such as steel, in the list of net-zero technologies in the general approach adopted by the Council on the Net Zero Industry Act (NZIA), sends a positive signal at a crucial time when governments are deliberating urgent measures to protect the climate at COP28 in Dubai. Parliament and Council should now seize the opportunity to reach an ambitious agreement to promote EU-made green products in public auctions of net-zero technologies and to drive Carbon Capture, Usage and Storage (CCUS) in Europe. Promoting lead markets and CCUS are essential tools for sustaining the transition to low-carbon steelmaking, says the European Steel Association.
Brussels, 13 December 2023 – The exclusion of ferrous scrap from the Critical Raw Materials Act (CRMA) and specific provisions in the Waste Shipment Regulation (WSR) recently agreed risk jeopardising sufficient supply and quality of this valuable secondary material, which is essential for the decarbonisation of the steel industry. Despite some progress made to improve recycling and export criteria, an important way forward to ensure green steel and resilient cleantech value chains made in Europe is to recognise ferrous scrap as secondary strategic raw material and include it in all relevant legislation, says the European Steel Association.
Statement following the publication of the 12th package of EU sanctions against Russia, including measures on the import of Russian steel semi-finished products
Statement following the publication of a Commission decision to extend until 31 March 2025 the suspension of its rebalancing tariffs on US products in the context of the steel and aluminium dispute
Brussels, 06 February 2024 – The 90% target recommended today by the European Commission demands an unprecedented transformation of EU society and industry in just 16 years. The steel industry is already playing its role but there is not yet a clear business case for the transition, and investments remain worryingly low. Rather than focusing on an abstract debate on target-setting, the EU needs a concrete problem-solving approach that delivers urgently an investment-friendly framework with affordable energy and an international playing field at its core, says the European Steel Association.
2040 climate target: joint statement by the Alliance of Energy-Intensive Industries
First quarter 2024 report. Data up to, and including, third quarter 2023
Brussels, 08 February 2024 – Lingering adverse conditions are set to exacerbate the recession in 2023 while slowing down the anticipated steel market recovery in 2024. Ongoing conflicts, prolonged uncertainty in energy prices and monetary tightening due to persistent inflation, combined with a bleak economic outlook, have further impacted apparent steel consumption (-6.3%) over the past year. This unpredictability is expected to constrain its rebound (+5.6%, previously projected at +7.6%) in the current year, against the backdrop of subdued industrial output (+0.2%) in steel-using sectors. Despite dwindling demand, imports steadfastly uphold their market share (27%), which exceeds historical levels.
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