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Resilient Wind Energy made in Europe – all components count
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The Net-Zero Industry Act (NZIA) aims to preserve the leadership of the Wind Energy sector by enhancing European manufacturing capacity for net-zero technologies (“to meet at least 40% of EU annual deployment needs by 2030”), addressing barriers to scaling up production in Europe. It seeks to increase the competitiveness of the net-zero technology sector and value chain, attract investments, and improve market access for clean tech in the EU. However, as reported by IEA the “non-binding nature of [the 40%] benchmark and the absence of clear policy instruments for its implementation” might put such ambition at risk. This document outlines the recommendations from diversified actors of the EU Wind Supply Chain to reinforce the NZIA texts of secondary legislation to be adopted by March 2025.
Signatories:
EUROFER, The European Steel Association
Offshore Wind Foundations Alliance (OWFA)
European Wind Tower Association (WTA)
Europacable
ArcelorMittal
Sif Group
GRI Renewables Industries
Chantiers de l’Atlantique
AG der Dillinger Hüttenwerke
DONAKO Ltd
Salzgitter AG
Westlake Epoxy BV
Full text available for download in the pdf below.
Brussels, 05 June 2025 – The high level of uncertainty and major disruptions caused by the new U.S. tariffs have dealt a severe blow to recovery expectations in the steel market for 2025. Against the backdrop of broader economic resilience driven by services, industry remains weak, weighing on steel demand and consumption. Recovery is not expected before 2026, and only if positive developments emerge in the global geoeconomic outlook. According to EUROFER’s latest Economic and Steel Market Outlook, the recession in apparent steel consumption will continue in 2025 (-0.9%) for the fourth consecutive year (-1.1% in 2024), contrary to earlier forecasts of growth (+2.2%). A similar trend is expected for steel-using sectors, with another recession in 2025 (-0.5%, after -3.7% in 2024) instead of a projected recovery (+1.6%). Steel imports remained at historically high levels (27%) throughout 2024.
Second quarter 2025 report. Data up to, and including, fourth quarter 2024
Brussels, 4 June 2025 – With U.S. blanket tariffs now raised to 50%, the only way to avoid the further erosion of the European steel market and another blow to European steelmakers is the swift implementation of the “highly effective trade measure” promised by the European Commission in its Steel and Metals Action Plan. A negotiated solution between the EU and the U.S. is also vital to preserve EU steel exports to the U.S., warns the European Steel Association.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
