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Safety information sheet for stainless steel
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Stainless steel products are considered as articles under the European Regulation (EC) 1907/2006, concerning the Registration, Evaluation, Authorisation, and Restriction of Chemicals (REACH), a position adopted by all European stainless steel producers as presented in the EUROFER position paper determining the borderline between preparation and articles for steel and steel products.
In accordance with REACH and the European Regulation (EC) 1272/2008 on Classification,
Labelling, and Packaging of substances and mixtures (CLP), only substances and preparations require a Safety Data Sheet (SDS). While articles under REACH do not require a classic SDS, REACH Article 32 requires articles to be accompanied by sufficient information to permit safe use and disposal. In order to comply with this requirement, EUROFER members have developed a Safety Information Sheet (SIS) that provides information on the safe use of the stainless steel and its potential impacts on both human health and environment.
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Brussels, 25 July 2024 – Major indicators in the European steel market show a steeper-than-expected downward trend, further impacting the outlook for this year and the next. Poor demand conditions, driven by ongoing factors such as high energy prices, persistent inflation, economic uncertainty and geopolitical tensions, are exacerbated by a manufacturing crisis affecting the largest steel-using sectors, including construction and automotive. According to EUROFER’s latest Economic and Steel Market Outlook, apparent steel consumption is further deteriorating. After a slump (-3.1%) in the first quarter of 2024, its rebound for the full year has been revised downwards (to +1.4% from +3.2%), as well as for 2025 (+4.1% from +5.6%). Similarly, output in steel-using sectors, after a decline in the first quarter (-1.9%), is projected to experience a deeper-than-expected recession (-1.6% from -1%). A recovery is anticipated only in 2025 (+2.3%). Steel imports continue to show historically high shares (27%).
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Picture Copyright: European Union, 2024 Source: EC - Audiovisual Service
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