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.
Statement by energy intensive industries ahead of the extraordinary Energy Council of 30/09
Brussels, 15 September 2022 – The emergency measures presented yesterday by the European Commission are not ambitious nor swift enough to bring down energy prices and to preserve millions of jobs in industrial sectors such as steel that are exposed to fierce global competition. Emergency situations require emergency measures also for industry, warns the European Steel Association.
Joint statement by energy intensive industries on the outcome of the extraordinary EU Energy Council and ahead of the State of the Union