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We are ready - are you? Making a success of the EU Green Deal
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A plan of action: A Green Deal on Steel
Agreement on a comprehensive plan for green steel is required to allow companies and investors
today to make investment decisions for next decade. We welcome the approach of the German EU
presidency in setting out an action concept for the steel industry. This initiative can and should serve
as the basis for agreement on an action concept at an EU level, with a coordinated approach for the
EU’s industry, climate, energy, trade, recovery, and related policies.
An action plan shaping markets for green steel, the circular economy and a global level playing field
would address the following policy fields:
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Brussels, 15 July 2024 – The proposal for a European Pact for Steel, presented by the German delegation to the European People’s Party (EPP), is a timely initiative in view of the start of the new EU legislative period. The European Steel Association strongly backs the creation of an EU high-level group, led by a renowned political personality, to ensure the success of the transition of the EU steel sector with rapid interventions, and urges Commission President Ursula von der Leyen to endorse it.
Brussels, 25 June 2024 – The EU decision to continue the steel safeguard for another two-year period is a much-needed step towards ensuring the stability of the steel market amidst the highest levels of import penetration ever recorded in the EU. However, as global excess capacity is projected to increase even further in the coming years, a longer-term solution needs to be developed to address this structural challenge, says the European Steel Association.
Joint Statement