EUROFER holds bi-annual seminars on the state of the EU steel market.
Brussels, 16 May 2019 – Surging import volumes, stalling economic growth, high and volatile raw material costs and sharply growing carbon costs are coming together to form a perfect storm that could knock the European steel industry back into a period of severe crisis. The impact of this combination of factors has already begun to affect European steel producers, with facilities being idled and production being cut back significantly across Europe.
Brussels, 7 May 2019 – Final figures for 2018 show that the EU28 steel market grew – however, forecasts estimate that it will fall slightly in 2019. The preliminary safeguard measures in place since mid-2018 could not prevent third country imports from rising sharply over the year and, as a consequence, local steel producers are finding themselves squeezed by deflected and cut-price steel products from outside the EU.
Brussels, 23 January 2019 – The Quality Tracking System for steel coils project governed by the European Steel Association (EUROFER) closed today after three successful years of development and deployment. The project has contributed to the further digitalisation of the sector and has helped support the ambition to achieve the ‘zero defect vision’ for users of flat steel products.
Supporting the zero defect vision.
Brussels, 27 March 2019 – Ahead of the Global Forum on Steel Excess Capacity (GFSEC) meeting on 28-29 March, the European Steel Association (EUROFER) calls for the forum’s mandate to be extended, ahead of its expiry in November. The GFSEC has begun an important transparency and policy process, but its work is not yet complete.
Brussels, 11 March 2019 - With less than 20 days remaining, European businesses are calling for a no deal Brexit to be averted immediately to avoid major disruption of supply chains across all industries and to protect jobs.
Brussels, 1 February 2019 – The European Commission has published the regulation imposing definitive safeguards on steel imported into the EU. This important measure continues the safeguards provisionally imposed in July 2018 and will come into force as of 2 February 2019.
Brussels, 31 January 2019 – The EU steel market is estimated to have risen by 2.6% in 2018. The increase in steel demand mainly benefitted third country suppliers, owing to a rise of 12.3% in imports. By contrast, European producers barely gained from domestic growth, shipping just 0.6% more steel to the EU market.
Brussels, 17 January 2019 – Member states have approved the European Commission’s final safeguard measures on steel. With imports surging by 12% in 2018, the need for an effective defence mechanism is essential, though elements of the final measures are not ideal.