Downloads and links
Download files or visit links related to this content
News » A Green Deal on Steel video series - episode 1
A Green Deal on Steel video series - episode 1
Downloads and links
Recent updates
The European Steel Association (EUROFER) has published the first of its Green Deal on Steel video series, exploring how steel could make the transition to becoming central to the low-carbon, circular economy by 2050, under the right conditions.
The EU launched its Green Deal for Europe in late 2019, and has made the Green Deal an integral part of its plan to relaunch the European economy in the wake of the COVID-19 pandemic.
EUROFER is convinced that a Green Deal on Steel could be a flagship for the wider EU Green Deal. The European steel sector is one of the most advanced industries in terms of its forward planning for its green transition.
EUROFER has set out a series of pathways towards reaching its climate change commitments, including mapping out the pathways the sector will eventually be able to go down to dramatically reduce its emissions over the next 30 years.
Watch the video here, or you can find it on youtube using the links below.
Download files or visit links related to this content
Brussels, 27 November 2024 – The European steel industry is at a critical juncture, facing irreversible decline unless the EU and Member States take immediate action to secure its future and green transition. Despite repeated warnings from the sector, the EU leadership and governments have yet to implement decisive measures to preserve manufacturing and allow green investments across Europe. Recent massive production cuts and closure announcements by European steelmakers show that time has run out. A robust European Steel Action Plan under an EU Clean Industrial Deal cannot wait or manufacturing value chains across Europe will simply vanish, warns the European Steel Association.
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.
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.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
