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Steel, the Backbone of Sustainability in Europe
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Modern society would be impossible without steel. The European Steel Industry Vision is based on the decisive contribution of steel to European socio-economic growth and sustainable production, as well as the Circular Economy, which is expected to become even more important in the future.
In the short term, the sustainability of the European steel industry will depend upon meeting the formidable challenge of remaining economically viable against a background of excess global supply.
In the short, medium and long term, the European steel industry:
Steel has significant social value and is by far one of the most important, multi-functional and adaptable materials.
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Steel in Action 2026
Brussels, 1 July 2026: The European Steel Association (EUROFER) has welcomed the entry into force today of the EU's new steel trade measure, calling it a historic shift in European industrial and trade policy and a decisive response to the destructive impact of global steel overcapacity on Europe's industry.
Brussels, 25 June 2026 - Europe's steel market remains under significant pressure despite modest improvements in demand, according to EUROFER's latest Economic and Steel Market Outlook 2026-2027.