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An Ambitious FP9 Strengthening Europe’s Industrial Leadership
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The participation of both Industry and Research and Technology Organisations (RTOs) in EU R&I Framework Programmes is essential to turn ideas into impact-driven and value-creating technologies, applications, and solutions. Among others, the engagement of the whole innovation ecosystem is supported by the contractual Public Private Partnerships (cPPPs) and Joint Technology Initiatives (JTIs). These instruments are one way to address private sector participation bringing leverage from industry.
Industry and RTOs are highly committed to the Societal Challenges and the Industrial Leadership pillars. Both should be strengthened to speed up efforts in overcoming the valley of death as well as the gap between the demonstration and commercialization phases. Contractual PPPs and the JTIs are unique platforms, which foster cooperation between public and private actors by pooling their diverse capabilities and creating the critical mass for innovative breakthrough. They also leverage the necessary funds for large-scale European projects. Understanding the channels to market as well as the challenges to upscaling, industry bridge gaps and accelerate the generation of impact and results from R&I programmes.
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Brussels, 12 November 2024 - Ahead of Commissioner-Designate Séjourné’s hearing in the European Parliament, European steel social partners, supported by cross-party MEPs, jointly call for an EU Steel Action Plan to restore steel’s competitiveness, and save its green transition as well as steelworkers’ jobs across Europe.
Brussels, 29 October 2024 – The European steel market faces an increasingly challenging outlook, driven by a combination of low steel demand, a downturn in steel-using sectors, and persistently high import shares. These factors, combined with a weak overall economic forecast, rising geopolitical tensions, and higher energy costs for the EU compared to other major economic regions, are further deepening the downward trend observed in recent quarters. According to EUROFER’s latest Economic and Steel Market Outlook, apparent steel consumption will not recover in 2024 as previously projected (+1.4%) but is instead expected to experience another recession (-1.8%), although milder than in 2023 (-6%). Similarly, the outlook for steel-using sectors’ output has worsened for 2024 (-2.7%, down from -1.6%). Recovery projections for 2025 are also more modest for both apparent consumption (+3.8%) and steel-using sectors’ output (+1.6%). Steel imports share rose to 28% in the second quarter of 2024.
Fourth quarter 2024 report. Data up to, and including, second quarter 2024