Publications » Brochures, booklets or fact-sheets » Revision of the Environmental and Energy Aid Guidelines (EEAG)
Revision of the Environmental and Energy Aid Guidelines (EEAG)
Downloads and links
Recent updates
The steel industry has had a longstanding presence in Europe and remains an important employer of skilled labour. Furthermore, the industry also supports significant activity and jobs in a range of other industries throughout the EU, as a result of the large amount of money spent on the materials and services used in the steel production process. Crucially, steel makes a powerful contribution to the continent’s standard of living, by forming a key input in the work of other industrial sectors. In turn, many of these customer industries produce items essential for the functioning of the wider EU economy.
In 2017, the European steel industry made a €25 billion direct contribution to the standard ‘gross value added’ measure of EU-wide production (hereafter referred to as GVA). However, the industry’s total GVA impact that year, when supply chain and staff spending impacts are also included, was much higher, at €148 billion. This overall contribution exceeded the total GVA produced in the region of Berlin in 2017.
Download this publication or visit associated links
Brussels, 17 May 2022 – The European steel industry calls upon the plenary of European Parliament to fix the disruptive vote on the Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM) cast by its Environment Committee. Today’s outcome endangers €31 billion investments needed for deploying the 60 low carbon projects the European steel industry has in the pipeline, as well as €45 billion in exports value and 30,000 jobs.
It is essential that the implementation of the Fit for 55 Package delivers the agreed 2030 climate targets while supporting companies’ investments, preserving effective carbon leakage measures and avoiding disproportionate costs, capacity closures and job losses.
Brussels, 11 May 2022 – The current Waste Shipment Regulation proposal lacks effective measures to tackle environmental challenges of waste exports and to enhance EU resiliency on valuable secondary raw materials, risking to undermine the EU’s Circular Economy and Green Deal objectives, warns the European Steel Association (EUROFER) on the occasion of the presentation of the draft report by the Environment Committee at the European Parliament.