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.
Building an economic and social framework for a successful climate transition by 2050.
Did you miss EUROFER's webinar on EU climate policy? Watch it here!
Brussels, 10 March 2021 – The European Parliament has today voted on its Carbon Border Adjustment Mechanism (CBAM) resolution, prior to a legislative proposal expected to be published by the European Commission in June. The resolution passed with a firm majority; Parliamentarians agreed on the principle that the EU’s higher climate ambition requires improved carbon leakage protection.