European steel industry Archive

Crisis in steel industry, steel safeguard and cost of innovation key topics at European Steel Day 2019

Brussels, 26 June 2019 –The European Steel Association (EUROFER) is today hosting its annual conference, European Steel Day 2019: Transitioning to the Future of EU Industry to highlight the challenges the sector is currently facing. These include the very difficult situation of the industry, the EU steel safeguard, and the need to support innovation if

European steel squeezed between rising import pressure and a depressed home market

Brussels, 7 May 2019 – Final figures for 2018 show that the EU28 steel market grew – however, forecasts estimate that it will fall slightly in 2019. The preliminary safeguard measures in place since mid-2018 could not prevent third country imports from rising sharply over the year and, as a consequence, local steel producers are

EU steel market on firmer footing coming into 2018; trade concerns the main risk factor

Brussels, 8 May 2018 – In 2017 the EU’s steel market performed healthily, supported by a marked improvement in business conditions on both domestic and international markets. Key drivers were investment and exports. While economic fundamentals bode well for further growth in EU steel demand, the increasing threat of protectionism and the potential of retaliatory

Commission must demonstrate workability and predictability of the new ‘non-standard’ anti-dumping rules

Brussels, 3 October 2017 – The European Steel Association (EUROFER) notes that agreement between the EU institutions on the new ‘non-standard’ anti-dumping methodology was reached today. The methodology will be used against dumping from countries whose domestic markets are afflicted by significant distortions. “This agreement is important to ensure that European businesses are shielded sufficiently

Minimum Import Prices for Hot Rolled Flat steel “will not stop dumping”, says EUROFER

Brussels, 20 July 2017 – The European Commission has released details of its proposed anti-dumping measures on Hot Rolled Flat (HRF) steel[i][i]. The proposal for a Minimum Import Price (MIP) sets an unworkable precedent that allows for the continuation of dumping and, as a consequence, promotes overcapacity in exporting countries. “Dumping, injury and causality have

G20: Reaffirm free, fair, rules-based international trade and global steel overcapacity reduction efforts

Brussels, 6 July 2017 – World leaders meet tomorrow at the twelfth meeting of the Group of 20 (G20) forum. The European Steel Association (EUROFER) seizes this opportunity to ask participating Heads of State and government to renew their commitment to free, fair and rules-based international trade, and to deal concretely with global steel overcapacity.

EUROFER welcomes European Parliament Resolution on industrial policy

Brussels, 5 July 2017 – The European Parliament today approved a Resolution on ‘building an ambitious EU industrial strategy as a strategic priority for growth, employment and innovation in Europe’. The steel sector is the foundation of the EU’s manufacturing base, and so the European Steel Association (EUROFER) welcomes this call. The development of a

MEPs to adopt new anti-dumping rules for third countries with significant distortions

Brussels, 20 June 2017 – The European Parliament’s International Trade Committee (INTA) is expected to vote today on the report on the new anti-dumping methodology by Rapporteur Salvatore Cicu MEP. The European Steel Association (EUROFER) calls on MEPs to support the report. The Committee report aims to ensure that the anti-dumping measures under the new

Joint letter from 76 steel industry CEOs raises alarm about shape of Emissions Trading System reform

Brussels, 29 May 2017 – CEOs representing nearly the entire European steel industry today co-signed a letter addressed to the governments of all EU member states. The letter calls on political leaders to “help preserve a sustainable and globally competitive European steel industry. In Europe we must be able to produce the innovative steels that

EU steel market: RISING IMPORTS ABSORB 25% OF DEMAND IN the second half of 2016

Brussels, 1 February 2017 – EU steel demand is expected to continue to recover in 2017 and 2018. A key concern for the European Steel Association (EUROFER) is the ongoing rise in imports as a result of unfair trade practices. EU steel market Having grown 3% year-on-year in the first half of 2016, the second