Transport plays a central role for the EU steel industry in its competitiveness within and outside of EU borders as it accounts for up to 15% the steel sector’s total costs. A functional single market, with established principles of free movement of goods and services, is a necessary foundation on which the more than 500 steel processing and production sites in 24 steel-producing member states of the EU rely on in their everyday operations.
EUROFER holds bi-annual seminars on the state of the EU steel market. This event will be held ahead of the release of EUROFER's quarterly economic and market outlook. This quarter's edition will be online only due to COVID restrictions.
The European Commission published, on 21 September 2020, its revision of the EU ETS State Aid guidelines for the compensation of indirect carbon costs for the period 2021-2030.
The EU's Joint Research Centre has just published a detailed report on production costs for iron and steel in the EU and third countries, exploring the various production factors that make up the competitiveness of these sectors.