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Events: Ironing out a Steel Action Plan for a green transition made in Europe

The European Steel Association hosts or participates in a range of events or conferences

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Events: Exhibition "Steel: at the Heart of Europe"

The European Steel Association hosts or participates in a range of events or conferences

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Events: The Future of EU Industry: Value chain Resilience or Dependence

The European Steel Association hosts or participates in a range of events or conferences

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Website PR Image Steel Action Plan (002)

Joint statement: EU Steel Action Plan now! Steel industry and steel workers unite to demand urgent action to restore the sector’s competitiveness and save thousands of jobs before it is too late.

Brussels, 12 November 2024 - Ahead of Commissioner-Designate Séjourné’s hearing in the European Parliament, European steel social partners, supported by cross-party MEPs, jointly call for an EU Steel Action Plan to restore steel’s competitiveness, and save its green transition as well as steelworkers’ jobs across Europe.

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Press release: Steel market outlook continues to worsen as demand and consumption decline amid high import shares

Brussels, 29 October 2024 – The European steel market faces an increasingly challenging outlook, driven by a combination of low steel demand, a downturn in steel-using sectors, and persistently high import shares. These factors, combined with a weak overall economic forecast, rising geopolitical tensions, and higher energy costs for the EU compared to other major economic regions, are further deepening the downward trend observed in recent quarters. According to EUROFER’s latest Economic and Steel Market Outlook, apparent steel consumption will not recover in 2024 as previously projected (+1.4%) but is instead expected to experience another recession (-1.8%), although milder than in 2023 (-6%). Similarly, the outlook for steel-using sectors’ output has worsened for 2024 (-2.7%, down from -1.6%). Recovery projections for 2025 are also more modest for both apparent consumption (+3.8%) and steel-using sectors’ output (+1.6%). Steel imports share rose to 28% in the second quarter of 2024.

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1728556569461 20241009 EP 173150B FM2 MCU 018B

Press release: Steel crisis in focus at EP Plenary debate: urgent need for robust EU Steel Action Plan, says EUROFER

Brussels, 22 October 2024 – The steel crisis will be at the centre of the European Parliament (EP) Plenary sitting tomorrow morning in Strasbourg. Members of the European Parliament (MEPs) will debate how to tackle the dire situation facing the European steel industry and its workers, caused by global steel overcapacity, unfair trade, low demand in the manufacturing industry and high energy prices in the EU. This public discussion raises high expectations for a fit-for-purpose EU Steel Action Plan to be implemented swiftly to save the sector as the basis for EU manufacturing, underscores the European Steel Association.

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Latest updates

You can see all the latest updates from the European Steel Association here

Page contents and site navigation

News

See all the latest news updates here

Events: Ironing out a Steel Action Plan for a green transition made in Europe

Events: Exhibition "Steel: at the Heart of Europe"

Events: The Future of EU Industry: Value chain Resilience or Dependence

Press releases

See the latest press releases here

Joint statement: EU Steel Action Plan now! Steel industry and steel workers unite to demand urgent action to restore the sector’s competitiveness and save thousands of jobs before it is too late.

Press release: Steel market outlook continues to worsen as demand and consumption decline amid high import shares

Press release: Steel crisis in focus at EP Plenary debate: urgent need for robust EU Steel Action Plan, says EUROFER

Publications

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Economic and market outlook: Economic and steel market outlook 2024-2025, fourth quarter

Open Letter: Call for urgent action to save the European steel industry and the livelihood of our workers

Economic and market outlook: Economic and steel market outlook 2024-2025, third quarter

Position papers

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Open Letter: Call for urgent action to save the European steel industry and the livelihood of our workers

Position paper: Implementation of RFNBOs targets in industry

Position paper: The European steel industry recommendations on Industrial Demand Side Response

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