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Input for the consultation on the new circular economy action plan
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Steel is one of the most recycled materials in the world, playing a vital role as an enabler for transitioning to a CO2 neutral and circular economy. It is possible to recycle steel multiple times into same quality or even better quality steel, a permanent material. Steel inherent properties make it more versatile, durable and even separable than other materials. Thus, steel is a material permanently available to society, a “permanent material”.
However, notwithstanding the previous EU action plan on circular economy, there are still barriers which limit the contribution of the steel sector to the EU transition towards a circular economy. In the following paragraphs, EUROFER summarises its suggestions and proposals on how to support the initiatives contained in the roadmap and how to achieve the goals without hampering the industrial transition.
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Brussels, 22 March 2024 – The future of a strong and resilient EU can only be forged with steel made in Europe. Europe-made low-carbon steel has a strategic role as it enables a net-zero economy, but today it faces strong headwinds from high energy prices, unfair competition, global overcapacity and growing unilateral carbon costs. The year 2023 has recorded the lowest European crude steel production levels ever, with a number of idled plants and dire impact on workers. Ensuring the enabling conditions for the short-term viability and the decarbonisation of the steel sector urgently needs to be at the top of the EU agenda. This is the message delivered by the European Steel Association together with a number of high-level representatives of the sector on the occasion of the Clean Transition Dialogue on Steel in the presence of the Executive Vice Presidents of the European Commission, Maroš Šefčovič and Margrethe Vestager.
Uses, limits, and realistic potentials of demand-side response from the European steel industry along with a broad set of framework recommendations for an EU policy
Antwerp, 20 February 2024 – Today 73 industry leaders spanning almost 20 industrial sectors presented ‘The Antwerp Declaration for a European Industrial Deal’ to Belgian Prime Minister, Alexander De Croo and Commission President, Ursula von der Leyen. The declaration underlines the commitment of industry to Europe and its transformation and outlines urgent industry needs to make Europe competitive, resilient, and sustainable in the face of dire economic conditions.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
