How the race for fossil-free competitive energy will reshape manufacturing value-chains - Thank you for your participation! Rewatch the event
EUROFER's Annual Report 2023 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.
European Steel in Figures 2023 is EUROFER's statistical handbook, laying out in an easy-to-use format the key statistics and data about the performance and footprint of one of Europe's most important strategic sectors
Brussels, 7 June 2023 – EUROFER applauds the joint efforts of the European Antifraud Office (OLAF) and of the European Public Prosecutor Office (EPPO) in ensuring the enforcement of trade defence instruments (TDIs). OLAF concluded that an EU importer was avoiding the payment of anti-dumping duties by means of untruthful import declarations. The total amount of financial damage across the EU amounts to 6.5 million EUR with possible additional financial and criminal consequences.
Join our team!
Brussels, 19 July 2023 – The reform of the EU Electricity Market Design continues to fall well short of delivering the urgent solutions needed to avoid further price spikes, whilst it overstates the potential of long-term solutions to redress the structural problems of the EU wholesale market. The benefits of renewables in the EU energy mix should be passed on to industrial consumers and citizens as quickly as possible. The revisions introduced in the report voted today by the Industry, Research and Energy (ITRE) Committee of the European Parliament improve some elements but do not address the root causes of high electricity prices, hindering decarbonisation efforts and undermining the competitiveness of European industry, says the European Steel Association.
Third quarter 2023 report. Data up to, and including, first quarter 2023
Brussels, 26 July 2023 – The lingering impact of several downside factors severely affecting apparent steel consumption in 2022 – high energy prices, production costs, war in Ukraine - continues to feed uncertainty and pressure the steel market outlook for 2023, resulting in a deeper-than-expected recession (-3%). This would mark the fourth negative performance in the past five years. A stronger recovery is projected in 2024 (+6.2%), contingent on more favourable conditions in the overall industrial outlook. Despite persisting overall weak demand, imports still maintain historically high demand market shares (22%).
Brussels, 16 August 2023 – On 14 August, the Commission initiated two anti-circumvention investigations regarding possible circumvention via Taiwan, Turkey and Vietnam of the anti-dumping and anti-subsidy measures imposed in 2021 and 2022 against imports of stainless steel cold rolled flat products from Indonesia. EUROFER welcomes the openings and the immediate registration of the imports from those countries towards a possible retroactive application of the existing duties.
Brussels, 11 September 2023 – The European metals industry, including both ferrous and non-ferrous metals, has initiated the process to establish its own EU Transition Pathway* in collaboration with the European Commission. The metals sector plays a pivotal role in facilitating the EU’s green and digital transitions by enabling several strategic value chains at the core of the clean tech economy. The objective of this comprehensive plan is to ensure the sustainability and resilience of the metals sector, aligning it with the overarching objectives of the EU twin transition.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
