Steel industry welcomes EU Circular Economy Package

Brussels, 7 December 2015 – The publication of the Circular Economy Package last week provided a clear opportunity to complete the circular economy in Europe. The package sets out the objectives, tools and methodologies that should be used to ensure that steel products can be efficiently produced, used, reused, recovered and recycled in a constant

Emissions Trading System reform “could cost €34 billion by 2030”: new report

Brussels/Strasbourg, 26 November – A landmark assessment of the proposal for the fourth review of the European Union Emissions Trading System (EU ETS) has revealed that the cumulative financial burden of the proposed changes would almost wipe out the industry’s margins. The report, undertaken by leading consultancy ECOFYS, was unveiled yesterday at a gathering of

EUROFER calls for action ahead of European Parliament trade committee and Foreign Affairs Council

Brussels, 24 November 2015 – The Extraordinary Competitiveness Council of 9 November convened to discuss the worsening crisis in the European steel industry. That fruitful discussion delivered a number of promising goals. Today, the industry calls on the European Parliament’s International Trade Committee (INTA) and Foreign Affairs (FAC) Council to move the EU from words

Joint Declaration on the G7 summit in Elmau

IndustriAll Europe and The European Steel Association (EUROFER) welcome the decision to work on joint international efforts to address climate change and global sustainability objectives in the framework of the G7. The steel industry and its employees support a globally sustainable economy which reconciles environmental objectives with competitiveness and the creation of quality employment. A

EUROFER calls for a rational, fact-based assessment by stakeholders of the Commission’s decision imposing provisional antidumping measures against GOES imports

The recent imposition of provisional antidumping measures on EU imports of Grain-Oriented Electrical Steel (GOES) has triggered public reactions from stakeholders questioning the justification ground for the Commission’s decision. These reactions opposing such measures cover a variety of allegations notably the risk of short supply in volume or quality ranges, the effect of prices increases,

EUROFER welcomes Commission’s decision to impose provisional anti-dumping measures against imports of GOES

The Commission’s investigation has confirmed that imports of grain-oriented electrical steel (GOES) from Russia, USA, Japan, Korea and PR China are sold at dumped prices and cause significant injury to the Union industry. The Commission has found dumping margins ranging from 22,8% to 60,1% for the foreign producers concerned. The provisional duties imposed by the

EUROFER calls for a timely and effective EU trade policy

EU imports surge forced closures of stainless steel drawn wires producers   In line with the modest European economic recovery, the stainless steel long products demand in Europe recorded a slight improvement in 2014. However, imports from third countries benefited most from the increase in apparent consumption. “An effective EU trade policy defending the European

EUROFER welcomes EU anti-dumping measures against imports of stainless steel cold rolled flat products (SSCR) from China and Taiwan

The European Commission has imposed provisional anti-dumping duties of up to 25,2 % on SSCR imports from PR China and up to 12,0 % on imports from Taiwan, following the complaint which was filed by EUROFER in May 2014.The Commission’s investigations have confirmed that imports of SSCR from China and Taiwan were sold at dumped

Steel industry welcomes commitment to safeguard global competitiveness of the industry

Concerns about an earlier introduction of the Market Stability Reserve The European Parliament’s Environment Committee today adopted changes to the Commission proposal for a Market Stability Reserve (MSR). The committee introduced an earlier implementation already in 2018 instead of 2021 and immediately refers 900 million allowances into the Reserve. In addition, it proposes to put

Fundamentals EU recovery improve, uncertainties remain

EU’s economic recovery continued in H2-2014 in spite of increased geopolitical and domestic risks and uncertainties. However, the strength of the recovery remained unconvincing. Economic indicators stabilised in the fourth quarter of last year and most of them even improved slightly in December last year and January 2015. Several factors contribute to a cautiously brightened