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EUROFER & WV Stahl - The Green Deal and European Steel: The example of the German Steel Action Plan
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The joint EUROFER & WV Stahl webinar - The Green Deal and European Steel: The example of the German Steel Action Plan - 24 February from 11:00 till 12:30
About the webinar
The Green Deal and European Steel: The example of the German Steel Action Plan
The European steel industry is facing serious challenges. As a result of reduced global demand, steel production in the EU has significantly dropped and the sector’s workforce has continuously declined. The economic downturn of the Covid-19 pandemic is adding to these structural difficulties, making resolute action a necessity.
At the same time, the steel industry counts as most advanced among energy-intensive industries in terms of its CO₂ footprint. Not only it produces 100% recyclable materials for EU key industries such as automotive, construction, or medical devices, but it is already fully committed to cut its emissions by 30% until 2030, and is well headed to achieve carbon neutrality by 2050.
Therefore, an EU Green Deal on Steel, addressing both the sector’s structural problems and its potential as a frontrunner on how hard-to-abate industries can lower their emissions, could serve as blueprint for the whole EU industrial sector.
The German Steel Action Concept “For a strong steel industry in Germany and Europe” (see German version here) shows us that climate action and the continued existence of competitive energy-intensive industries can complement one another in fruitful ways.
Join this webinar to discuss what a Green Deal on Steel might look like and, building on the German concept, what mix of policy tools can help the sector most in making a substantial contribution to the EU’s ambitious climate goals while best ensuring its competitiveness.
When & where?
The webinar took place on Wednesday, 24 February 2020 from 11:00-12:15 online, via Zoom.
Who is invited?
The seminar was open to anyone interested in learning about the German Steel Action Concept, the Green Deal on Steel and what the European steel industry is doing to help meet the EU's climate ambition.
Schedule
Times are indicative only
11:00 | Introductory joint statement
Moderation by Jacki Davis
Building on the German Steel Action Concept at EU level
11:10 | Video statement
11:20 | Panel discussion & Q&A
Moderation by Jacki Davis
How could an Action Plan for European steel reinforce the EU Green Deal?
12:30 | End of discussion
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.