The European steel industry is committed to contributing responsibly to the achievement of the EU’s long-term climate objectives in line with the ambition of the Paris Agreement. With the enabling conditions in place, notably a supportive regulatory framework and wide access to competitive climate-neutral energy sources, the European steel industry will be empowered to developing, upscaling and rolling-out new technologies some of which have been already identified by our companies. This could reduce our sector’s emissions by 2050 by at least 80 to 95% compared to 1990 levels, thus making a major contribution to the EU’s climate neutrality.
The Climate Law offers the opportunity for a thorough reflection on EU climate policy and more broadly on the EU’s role in the global arena. The pursued “leading by example” strategy in combination with the unilateral climate neutrality objective gives the EU even greater responsibility since other countries will follow the EU’s leadership only if this shows to be successful in combining climate change mitigation with economic and industrial development as well as social acceptance. Hence, the scalability and reproducibility of the EU transition in third countries is an essential element for the continues success of EU climate leadership.
Brussels, 15 September 2021 – In her second State of the Union address, European Commission President Ursula von der Leyen set out the Green Deal as a major achievement and a cornerstone for the future of the EU. The steel industry is a world leader in decarbonisation and innovation, and has the ambition of reducing its emissions by 55% by 2030 compared to 1990. But it will be successful only if the Fit for 55 Package puts the right conditions and incentives in place.
Neutrality towards technology choices, acknowledgment of transition timing and framework conditions needed as well as consistency with EU climate legislation are key factors for success, EUROFER webinar points out
Brussels, 16 August 2021 – EU28 apparent steel consumption increased (+3.6%) year-on-year in the fourth quarter of 2020, that was the first quarterly growth since the fourth quarter of 2019, and so it did in the first quarter of 2021 (+0.9%). Apparent steel consumption in the first quarter amounted to 36.3 million tonnes. These are further signs of recovery from the depths of the economic shock caused by the COVID-19 pandemic.