News » Joint Statement: European social partners commit to working towards a competitive transition of the European steel sector
Joint Statement: European social partners commit to working towards a competitive transition of the European steel sector
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With energy and raw material costs remaining high, global overcapacity continuing to increase, and no end in sight for the cost-of-living crisis in Europe, the European steel social partners, industriAll European Trade Union and EUROFER commit to continue to work together to support the twin green and digital transition of the European steel industry and its workers.
European steel is essential for the green transition and is at the heart of European industry providing 310,000 direct, and 2.2 million indirect jobs, in the EU. Ahead of the EU elections in 2024, various pieces of EU legislation need to be finalised with the aim of ensuring a more sustainable future for the steel industry in Europe.
Now more than ever, the European steel sector and its workers need to see increased support for investment to ensure that the green and digital transitions are managed successfully with no steel worker or region being left behind.
European Social Partners:
The European Social Partners will continue to work together and with national and European policy makers to ensure the survival of the European steel sector.
27 November 2023
Strasbourg, 17 December 2025 – The European Commission’s latest proposals on the Carbon Border Adjustment Mechanism (CBAM), unveiled today, correctly identify several loopholes that risk undermining its effectiveness, notably regarding EU exports, downstream sectors and circumvention practices. However, despite these laudable efforts, the measures put forward fail to deliver a comprehensive and durable response to carbon and jobs leakage, warns the European Steel Association (EUROFER).
A milestone occasion to quickly and effectively restore affordable electricity, to relaunch the
decarbonization and strengthen the international competitiveness of the European steel
industry.
Brussels, 02 December 2025 – Unchanged negative conditions – U.S. tariffs and trade disruptions, economic and geopolitical tensions, protracted weak demand and still high energy prices – continue to weigh on the European steel market. EUROFER’s latest Economic and Steel Market Outlook confirms for 2025 another recession in both apparent steel consumption (-0.2%, unchanged) and steel-using sectors (-0.5%, revised from -0.7%). A potential recovery is expected only in 2026 for the Steel Weighted Industrial Production index (SWIP) (+1.8%, stable) and for apparent steel consumption (+3%, slightly revised from +3.1%) – although consumption volumes would still remain well below pre-pandemic levels. Steel imports retained historically high shares (27%), while exports plummeted (-9%) in the first eight months of 2025.