As every year, the publication of the EUROFER Annual Report is an opportunity to recap the policy work conducted by the association throughout 2021, as well as to inspect the forthcoming priority work areas EUROFER will be facing in the next months.
EUROFER will continue to push for strengthened carbon leakage protection, together with faster access to affordable and alternative energy. Another strategic priority is to ensure access to scrap, and avoiding its export to third countries with lower environmental and social standards.
The European steel industry is committed to overcoming all these challenges, while reaffirming its strategic importance for the EU and its crucial role in tackling climate change.
We hope you find the EUROFER Annual Report 2022 an interesting and useful read.
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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.