Brussels, 13 September 2023 – The European steel sector welcomes the vision for a renewed Industrial Strategy set out by Commission President Ursula von der Leyen in the State of the Union address. Relaunching Europe’s industrial engine with concrete measures in all relevant policy areas should be both a core mission for the final year of this legislature and a top priority for the future EU executive. The European steel sector, which has launched over 60 industrial-scale decarbonisation projects, stands ready to engage with the Commission to develop and implement the urgent actions needed to boost the whole European cleantech ecosystem, says the European Steel Association.
Brussels, 29 September 2023 – The start of the transitional period of the Carbon Border Adjustment Mechanism (CBAM) on 1 October 2023 is a major milestone in the implementation of the EU Green Deal. The initial phase of the CBAM, with simplified monitoring and reporting, will be crucial to assess how watertight its functioning is in preventing carbon leakage in European industrial sectors, such as steel, to other countries that continue to invest in highly CO2-intensive technologies, states the European Steel Association.
Brussels, 13 October 2023 – The EU-US Summit planned for 20 October in Washington should pave the way for a global solution to tackle the two existential challenges facing the steel industry worldwide: non-market excess capacity and carbon intensity. Only a strong, international binding agreement can adequately respond to a new global context where government-fuelled, carbon-intensive excess capacity has reached 600 million tonnes, urges the European Steel Association.
Brussels, 25 October 2023 – The decision by the European Parliament's Committee on Industry, Research and Energy (ITRE) to recognise all steel decarbonisation technologies as net-zero and introduce binding sustainability criteria for clean technologies in public procurement is a positive development for the decarbonisation of the steel sector. These new measures included in the Net Zero Industry Act (NZIA) can ensure faster implementation of EU steel decarbonisation projects at industrial scale. It is now essential to maintain the momentum towards a successful transition, says the European Steel Association.
Joint letter of Europe’s clean technology industries & key materials suppliers
Fourth quarter 2023 report. Data up to, and including, second quarter 2023
Brussels, 30 October 2023 – Collapsing demand resulting from high inflation and interest rates, exacerbated by conflicts and persistently elevated power prices, is clouding the steel market outlook for 2023. Recession in apparent steel consumption is expected to further deepen (-5.3%) this year, while the anticipated rebound (+7.6%) in 2024 faces geopolitical unpredictability and prolonged economic uncertainty. Imports, despite a declining trend in line with very weak demand, continue to maintain their market share (28%) above historical levels.
Joint letter - Urgent call for action
Manifesto 2023
Brussels, 23 November 2023 – The European Steel Association (EUROFER) has elected a new Board, President and Vice-Presidents. Henrik Adam has been appointed as President of the organisation for a two-year term. He succeeds Francesc Rubiralta Rubió, who has led EUROFER since 2022. The Steel Association of Ukraine has also been accepted as a member.