With the EU elections having taken place in May 2019, Europe is setting new priories and direction for the future. As an industry at the heart of the EU economy, the European steel industry is saying to policy makers: we need to innovate, trade, sustain and upskill to ensure a prosperous future for Europe and its citizens.
In the light of slowing demand, both generally and specifically for steel, persistently high global overcapacity of 550 million tonnes – 25% of global production capacity – high and volatile raw material and carbon prices, and surging imports, the European steel industry is facing potential crisis.
This manifesto sets out the footprint and importance of European steel to the EU economy, and explains why we need to make the industry more innovative, skilled and sustainable while also ensuring there is a robust trade policy that defends the sector against the challenges posed by overcapacity and trade surges.
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.
Industriall & EUROFER joint statement
Brussels, 23 November 2023 – The European Steel Association (EUROFER) has elected a new Board, President and Vice-Presidents. Henrik Adam has been appointed as President of the organisation for a two-year term. He succeeds Francesc Rubiralta Rubió, who has led EUROFER since 2022. The Steel Association of Ukraine has also been accepted as a member.