The energy intensive industries welcome the efforts undertaken by the Member States to solve the energy crisis in the European Union. Nevertheless, ahead of the next Extraordinary Energy Council, we would like to underline the need for more immediate and efficient measures to be put in place, as we observe the crisis circumstances worsening day by day in our industries.
With the current gas price reaching about 200 EUR/MWh, the situation remains unbearable for the energy intensive producers. The impact of the volatility and extremely high levels of gas and electricity prices cannot be sustained. The consequences are already felt among the industry, with shut-downs of plants and reduction of production in many sectors with the consequence of job losses. The competitiveness of the European companies is threatened.
We reiterate our call on the European leaders to urgently introduce EU-wide measures aimed at addressing the impact of natural gas prices on industrial competitiveness and measures designed to disconnect electricity prices from gas prices.
Moreover, the Temporary Crisis Framework needs to be prolonged and reviewed to adapt to the current circumstances. It must be more flexible and allow for fast approval of the state aid. For example, such requirement as negative EBITDA must be removed, as it means the aid would arrive too late.
Brussels, 2 December 2022 – EUROFER welcomes the WTO Panel report ruling against Indonesia’s ban on the export of nickel ore. These measures have been artificially distorting the global market for nickel ore and fuelling the new export-oriented stainless steel production in Indonesia, whilst harming the EU stainless sector.
Brussels, 01 December 2022 - The changes brought to the Waste Shipment Regulation are a welcome step in the right direction to ensure that environmental and social standards equivalent to the EU’s are met when waste is exported to third countries. However, significant issues remain largely unaddressed with room for further improvement, in particular by strengthening monitoring for OECD countries and by pre-empting circumvention which risks to weaken the effectiveness of the new measures, says the European Steel Association (EUROFER) following the vote of the Environment Committee (ENVI) at the European Parliament.
Brussels, 17 November 2022 – The Board of the European Steel Association (EUROFER) has elected Francesc Rubiralta Rubio as President of the organisation. He follows Geert Van Poelvoorde, who has led EUROFER since 2015.