International trade is essential for the European economy, and steel products are among the most intensively traded products in the world. Around a quarter of the 160 million tonnes of steel used in the EU every year is imported - and the EU is also a major steel exporter.
Trade policy issues are of central importance to EUROFER, because free and fair international trade conditions are the basis for the stability of the EU steel market. EUROFER welcomes free trade agreements that open up mutually accessible markets between trade partners and ensures fair access to public procurement tenders.
In particular, EUROFER monitors - on an ongoing basis - trade flows to ensure that imports into the EU are coming on a fair basis and are not dumped, produced using unfair subsidies or circumventing existing trade defence measures.
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, 28 November 2023 – Yesterday’s EU Trade Council meeting shows that the EU and the U.S are still far away from reaching an agreement to advance climate protection, fight trade distortions in the global industry and solve the EU-U.S. trade dispute by the end of 2023, as originally agreed by Commission President Ursula von der Leyen and U.S. President Joe Biden in 2021. The lack of a Global Arrangement on Sustainable Steel and Aluminium is a missed opportunity for both ensuring fair trade and advancing on climate protection just before the start of COP28, warns the European Steel Association.
Brussels, 13 October 2023 – The EU-US Summit planned for 20 October in Washington should pave the way for a global solution to tackle the two existential challenges facing the steel industry worldwide: non-market excess capacity and carbon intensity. Only a strong, international binding agreement can adequately respond to a new global context where government-fuelled, carbon-intensive excess capacity has reached 600 million tonnes, urges the European Steel Association.