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Stainless steel - when health comes first
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Stainless steels have a wide range of applications, including those where human health may be involved. In these applications, stainless steels may come into direct contact with the human body. Cases include jewellery, cutlery, medical devices, automotive applications, food preparation and pharmaceutical settings. Stainless steels can be used without it exerting any negative influence on food, drinking water, beverages, or medical preparations it is in contact with.
Brussels, 25 June 2024 – The EU decision to continue the steel safeguard for another two-year period is a much-needed step towards ensuring the stability of the steel market amidst the highest levels of import penetration ever recorded in the EU. However, as global excess capacity is projected to increase even further in the coming years, a longer-term solution needs to be developed to address this structural challenge, says the European Steel Association.
Joint Statement
The existential threat posed by worsening non-market excess capacity cannot be ignored.