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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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Industry welcomes the European Commission’s work on the development of a regulatory framework for CO₂ transport infrastructure, which will be critical to achieving the EU’s climate objectives and enabling the scale-up of Carbon Capture, Utilisation and Storage (CCUS) as part of an integrated value chain, including emitters, transport, storage operators, and CO2 offtakes for use in products.
Brussels, 19 May 2026: Europe’s steel industry has welcomed today’s approval by the European Parliament of the new EU steel trade measure, calling it an important step towards addressing the growing pressures facing the sector from record imports, global overcapacity and rising international protectionism.
Brussels, 6 May 2026 - Europe’s steel industry has warned that the EU’s proposed Industrial Accelerator Act (IAA) risks undermining its industrial and climate ambitions, unless it ensures that demand for low-carbon steel prioritises production within the EU.