European steel industry Archive

Policy makers “must stand their ground” on Market Economy Status at EU-China summit

Brussels, 12 July 2016 – Ahead of the EU-China summit taking place from Wednesday 13 July in Beijing, the European Steel Association (EUROFER) urges policy makers to resist calls from China to prematurely grant the country Market Economy Status (MES). The European steel industry asks national policy makers to make it clear to the European

Heads of State must act immediately to save the European steel industry

Brussels, 16 March 2016 – As the European Commission today launches a Communication on Steel – Preserving Sustainable Jobs and Growth in Europe, the European Council prepares to meet tomorrow to discuss jobs, growth and competitiveness. In light of the Communication, EU leaders must immediately take their responsibility to preserve this vital European sector. “We

European steel industry to attend landmark steel march in Brussels against MES for China

Brussels, 8 February 2016 – Employers and employees from the entire European steel industry will be attending a march in Brussels on 15 February to show support for fair trade, growth and jobs in Europe, as well as to protest against Chinese dumping on the EU market and the granting of Market Economy Status (MES)

IMPORTS continued to target the EU STEEL MARKET despite muted fundamentals

Brussels, 27 January 2016 – Steel imports continued to target the EU market despite still relatively weak demand, low domestic prices and the weak Euro in the second half of 2015. Going forward, abundant global supply and suppliers fighting for tonnage fuels uncertainty in the market. EU mills fear for losing further market share in

EUROFER Board elects new President

Brussels, 18 December 2015 – The Board of the European Steel Association (EUROFER) has elected Geert Van Poelvoorde as its President. Mr Van Poelvoorde’s term is two years, effective immediately. “I would like to take this opportunity to welcome Mr Van Poelvoorde as he takes up the reins of the EUROFER Presidency”, said Axel Eggert,

European steel industry hopes for global agreement at COP21

Brussels/Paris, 1 December 2015 – The COP21 climate change conference has just begun, so the European Steel Association (EUROFER) reasserts the hope that negotiators can come to a comprehensive and global agreement. A legally binding arrangement with comparable commitments and obligations has the greatest potential to tackle the climate change challenge. “EUROFER calls on policy

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

Emergency EU summit on Steel: “Take full set of available trade defence measures,” says steel industry

Brussels, 09 November – As job losses caused by dumped Chinese steel mount the European steel industry calls on EU ministers meeting today to work on an emergency plan of action for the sector. “To avoid imminent, irreparable damage to the EU steel industry, policy makers need to take immediate action, using the full set

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

EU climate policy may cost the steel industry 100 billion Euros

Commission proposals for 2030 climate targets miss provisions to safeguard globally competing European companies “The European steel industry is ready to support ambitious greenhouse gas reduction targets so that the EU can adequately contribute to global efforts in the fight against climate change. However, we are surprised that while the Commission has already proposed a