EUROFER's Annual Report 2022 looks back at the work of the Association and the performance of the European steel industry over the past year, and looks forward to the challenges ahead.
Joint press statement by WindEurope and EUROFER
Brussels, 22 June 2022 – Despite some acknowledgment of industry’s challenges in addressing the green transition, the outcome of today’s plenary vote of the European Parliament will require further work in the next steps of the legislative process to align the provisions to the deployment of the EU steel industry’s ambitious low carbon projects. EUROFER reiterates its call to EU policy makers for an open, fact-based discussion, also in light of the evolving geopolitical and energetic context, in order to speed up decarbonisation and secure the EU’s strategic autonomy.
The Commission proposal for the revised Industrial Emissions Directive (IED) risks
slowing the green transition, hampering innovation and complicating permit processes
Brussels, 01 July 2022 – The upcoming negotiations on the EU Emissions Trading System and the Carbon Border Adjustment Mechanism need to enable industry’s decarbonisation and make the green transition a true success story. EUROFER, which represents the EU steel industry providing 310,000 direct jobs and 2,2 million indirect jobs, calls upon the EU institutions to work for a balanced compromise in the final text. The Council, with the adoption of its position, made progress towards a smoother phase out of free allocations for industries in transition to carbon neutrality, but several issues still need to be fixed.
Joint statement of the EU industry
The success of this legislation relies on numerous related delegated and implementing acts to be released, the revision of already existing ones and their mutual coherence. The European steel industry is ready to assist the European Commission in this endeavor.
EUROFER broadly welcomes the Commission proposal for a revised Construction Products Regulation (CPR) and has identified several improvements that should be addressed during the co-decision procedure
Third quarter 2022 report. Data up to, and including, first quarter 2022
Brussels, 24 August 2022 – The performance of the first quarter of 2022 confirms a marked slowdown in the positive trend observed in 2021, reinforcing bleaker prospects for the rest of the year. Apparent steel consumption is expected to experience its third recession in just four years (-1.7%), while the evolution of steel demand remains subject to high uncertainty fuelled by the ongoing energy crisis, inflation, supply chain disruptions and Russia’s war in Ukraine. Import penetration has remained considerably high.