The European steel industry is at the forefront of technical innovation, investing billions of euros a year in research and development. Its innovations have helped the sector refine its processes, create thousands of different grades of steel, and remain at the forefront of CO2 reduction efforts.
The European steel sectors' focus on constant improvement is centred on improving steels and upon improving how steel is made.
The European steel sector has created thousands of new grades of steel, many only invented in the past few decades. These widen the potential uses for steel, and improves its durability and sustainability.
Improving how steel is made is vital to the sustainability of the sector. European producers have already made great strides, cutting in half energy use and emissions since 1960. This work is being even further ramped up as the need to sharply reduce greenhouse gas emissions becomes ever more imperative.
Brussels, 22 October 2024 – The steel crisis will be at the centre of the European Parliament (EP) Plenary sitting tomorrow morning in Strasbourg. Members of the European Parliament (MEPs) will debate how to tackle the dire situation facing the European steel industry and its workers, caused by global steel overcapacity, unfair trade, low demand in the manufacturing industry and high energy prices in the EU. This public discussion raises high expectations for a fit-for-purpose EU Steel Action Plan to be implemented swiftly to save the sector as the basis for EU manufacturing, underscores the European Steel Association.
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.
EUROFER's Annual Report 2024 looks back at the work of the Association and the performance of the European steel industry over the past year, and looks forward to the challenges ahead.