With supportive conditions in place, notably a regulatory framework and infrastructures, the European steel industry will be enabled and be fully committed to contributing to the achievement of the EU’s long-term climate objectives. We would be enabled to developing, upscaling and rolling out of new technologies that could reduce our sector’s CO2 emissions by 2050 by at least 80 to 95% compared to 1990 levels.
The steel sectors in other regions of the world will follow this path, if the EU demonstrates that the decarbonisation of the sector is possible without it losing competitiveness or market share as a result of CO2 abatement cost. This is of particular importance for the protection of the earth’ climate because global steel production represents a significant share – about 7% – of the world’s anthropogenic CO2 emissions. World steel production is even forecasted to grow from 1.7 billion tonnes in 2018 to 2.8 billion tonnes in 2050. It is also unlikely that steel scrap could satisfy global steel demand before the end of the century. It is therefore essential that both primary and secondary steel production are being advanced by the EU to meet the climate objectives.
The Commission’s Strategic Vision “A Clean Planet for all” indicates that deep CO2 emissions reductions in the steel sector are possible through a combination of technological pathways, including steel recycling, carbon capture utilisation and storage, process integration, and
electricity/hydrogen-based metallurgy. At the same time, the Commission document confirms that the steel sector is the most exposed to carbon leakage among all energy-intensive industries, both in terms of possible impact on output and on investment.
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Brussels, 07 December 2023 – The inclusion of transformative industrial technologies for the decarbonisation of energy-intensive sectors, such as steel, in the list of net-zero technologies in the general approach adopted by the Council on the Net Zero Industry Act (NZIA), sends a positive signal at a crucial time when governments are deliberating urgent measures to protect the climate at COP28 in Dubai. Parliament and Council should now seize the opportunity to reach an ambitious agreement to promote EU-made green products in public auctions of net-zero technologies and to drive Carbon Capture, Usage and Storage (CCUS) in Europe. Promoting lead markets and CCUS are essential tools for sustaining the transition to low-carbon steelmaking, says the European Steel Association.
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